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100 IAN
Original Poster
258 posts
32 months
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I know that no one has a crystal ball, but lease companies must factor in the predicted resale value of a car as part of their calculation.
Is this information available somewhere for the likes of you and me?
It would be good to know when deciding what car to buy next whether one is expected to depreciate significantly more than another.
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greggy50
3,250 posts
61 months
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What car normally give a estimated depreciation value for first 3 years when they test a car Common sense can let you see it though just look at older models of the car you are buying and what they are selling for 
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Codswallop
3,962 posts
64 months
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McSam
4,955 posts
45 months
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Might be a bit too far down the line for you when you're just trying to compare cars, but I expect the most accurate data you're likely to find is that the manufacturers themselves have. When you're taking out a PCP or whatever sort of finance deal gives a buy-back option at the end, the dealer will be able to quote a guaranteed minimum value for the car based on your mileage, its spec, etc. This is their best guess of what it'll be worth at the end of the term.
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100 IAN
Original Poster
258 posts
32 months
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This is the type of thing, but i'm looking at a 3-4 year old car and want to know what it might be worth in 2-3 years time. 'What Car' calculator only gives figures for 1st 4 years and also only lists LR Discovery 4 SDV6 model not TDV6 (?) Codswallop said:
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greggy50
3,250 posts
61 months
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Just look at auto trader its common sense... 08 plate discovery's with circa 50k miles seem to be around 17 - 18k for a okay spec 05 plate discovery's with circa 80 - 90k miles seem to around 10 - 11k for a okay spec These are both Diesels of the same model (2.7 discovery 3) so therefore can assume expect to loose around 6 - 7k over 3 years based on around 12k miles per year If you are concerned about depreciation probably better to start off with a clean 06 plate car for around the 12 - 13 mark will most likely loose less then as prices calm down in terms of depreciation first few years may be able to get one for around 12k and flog on for 8,500 after 3 years or something
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