|
seopher
Original Poster
190 posts
51 months
|
I subscribe to the "nearly new" philosophy, buying something in warranty but having let someone else shoulder the initial lump of depreciation.
Without getting drawn into theoretical depreciation purchases, nor the merits of shedding, I wondered what the best "in warranty but huge depreciation sidestep" that people on here have bought.
Example, my 370z was a sniff under £34k new, but bought at 18 months old with 11k on the clock for under £21k. So someone else shouldered that initial £13k drop.
Given how fast some other marques can depreciate, I wondered what the biggest lump that someone here has allowed other owner to shoulder is.
|
|
|
Elysium
294 posts
56 months
|
This is a bit of a myth in my experience. If the initial purchaser bought sensibly then they would have paid well below the list price.
With a 12.5% discount the car would have been £29.75k new. Retained value at 3 years would be 40% or £13.6k. So actual depreciation from purchase price is £16.15k or £5.38k per year.
|
|
|
fridgedoctor
91 posts
28 months
|
Hmmm, wasn't such a myth from my side. I ordered a 3 series convertible new on an 03.
Hated the seating / pedal layout, and after 6000mls I traded it for an S80(which I loved).
I lost 6 grand in 3 calendar months. And I didnt pay list for the BMW either. :-(
I'm drunk, and I think off topic. Sorrrry
|
|
|
edo
12,562 posts
134 months
|
late 06 M6 bought in 2011 from main dealer with 25k on the clock for 29k.
List price was ITRO £91k.
|
|
|
cheddar
1,967 posts
43 months
|
I buy, on average, 3 new/nearly new cars a year, almost all from main dealers, I make a lot of polite but low offers, every few months a dealer says "Yes". I own them for 3 to 6 months and try to sell for the same as I pay, usually it works.
Last 12 months:
Subaru WRX, purchased brand new, $47,600, paid $41,000. Owned 3 months, sold for $42,000
Toyota Hiace - Purchased brand New - $48,000 list, paid $37,000, now, 12 months and 25,000 miles later still worth $35,000
BMW 123D M Sport Coupe, $78,200 list, ex demo, 2400 miles, 11 months old, paid $50,000
VW Amarok Highline, loaded, $68,500 new, 5 months old, ex demo, 2,800 miles paid $45,000
|
Advertisement
|
|
|
Dilligaf10
1,995 posts
79 months
|
Bought my A8 at two years old at £29500, list price new was £81000.
£50k depreciation with only 30k miles on the clock.
|
|
|
4key
3,904 posts
17 months
|
cheddar said: I buy, on average, 3 new/nearly new cars a year, almost all from main dealers, I make a lot of polite but low offers, every few months a dealer says "Yes". I own them for 3 to 6 months and try to sell for the same as I pay, usually it works. I would love to do this and am more than capable of hunting out the right stuff and getting the right price when its moved on, but I only have one car so would need to own another for when I'm looking for my next purchase. Drives me crazy that all I seem to do is find my mates bargains 
|
|
|
Scuffers
10,404 posts
143 months
|
last one I brought was an Audi S5 with 300 miles on the clock.
Looking at the original purchase invoice, I got it for some £22K less.
|
|
|
smiffy180
1,503 posts
19 months
|
Bought my focus 3 month old. Retail new at just over £20k. 7000 on clock bought for 10k. 10k in 3 months! 
|
|
|
GT03ROB
2,635 posts
90 months
|
Moral here seems to be don't buy big Audis new. Shocking depreciation 
|
|
|
MJK 24
3,645 posts
105 months
|
GT03ROB said: Moral here seems to be don't buy big Audis new. Shocking depreciation  Correct! However we do need some people (business users I suspect) to make such a purchase so these vehicles are around in sufficient numbers to be available to Joe Public a few years down the line.
|
|
|
DSLiverpool
3,283 posts
71 months
|
Ok it's 4 years but is a BMW AUC car with warranty 760i 38k miles £19k with tax new over £90k (in theory) I need to spend £700 to make it like a new car.
|
|
|
Trikster
313 posts
71 months
|
My Spyder would have listed at just under £57k, bought it from main dealer at 7 months old/4k miles for £44k, so much for slow depreciating Porsches - and looking at the new 911's £100k list, £79k forecourt price for 8 month old cars... hmm
That said at the higher end of the market AM takes the biscuit, even now they are offering £40k+ off new Virages....
|
|
|
isv
125 posts
83 months
|
Trikster said: ... That said at the higher end of the market AM takes the biscuit, even now they are offering £40k+ off new Virages.... That makes a lot of sense as a new buy. Mate of mine who works for AM recently told me that AM were offering cars to their dealers at 50% discount off RRP... I didn't think it could be true... But if you can get 40k+ off a Virage then perhaps he was correct after all?
|
|
|
ClaphamGT3
3,365 posts
112 months
|
Mrs Clapham's E63AMG cost its 1st owner £103k in Sept 2007 (I've got the invoice from MBWest London).
I paid £29950 in Sept 2010.
|
|
|
Liquid Tuna
496 posts
25 months
|
ClaphamGT3 said: Mrs Clapham's E63AMG cost its 1st owner £103k in Sept 2007 (I've got the invoice from MBWest London).
I paid £29950 in Sept 2010. Holy s  t!! 1 year's depreciation on that thing would keep me in cars for over 15 years!!
|
|
|
ClaphamGT3
3,365 posts
112 months
|
Liquid Tuna said: Holy s  t!! 1 year's depreciation on that thing would keep me in cars for over 15 years!! The true horror is that I bought it from a dealer (albeit got him down from £34995) so God alone can comprehend the savagery of the kick in the nuts that the original owner took when he traded it in.
|
|
|
jontymo
537 posts
19 months
|
Got my 6month old Cayman R from an official Porsche centre.
Was priced at 60k new i paid just under 45k - 15k loss in 6 months and since then used prices have gone up!!!!
|
|
|
Jw Vw
4,025 posts
32 months
|
MJK 24 said: GT03ROB said: Moral here seems to be don't buy big Audis new. Shocking depreciation  Correct! However we do need some people (business users I suspect) to make such a purchase so these vehicles are around in sufficient numbers to be available to Joe Public a few years down the line. 
|
|
|
Buster73
530 posts
22 months
|
911 C2
Bought pre reg with13 miles on the clock direct from an OPC.
Retail including a long list of options £74k
Purchased for £58k
Over £1k pre mile depreciation.
Maybe the winner.
|
|