Car Depreciation - what is the most you have ever 'lost'?

[Carlton Banks]

After hearing from a colleague about some Ferrari depreciation of >£100k in 2 years, what is the most you have ever lost on a car upon resale?

[rassi]

€6K in 6 months and 12.000 km (+ €3K in registration fee) on an E60 M5.

[mrmr96]

Carlton Banks said:

After hearing from a colleague about some Ferrari depreciation of >£100k in 2 years, what is the most you have ever lost on a car upon resale?

Are we talking "most during ownership" or "most per month"?

[Carlton Banks]

I would say most during ownership.....purchase price versus resale!

[Truckosaurus]

Carlton Banks said:

I would say most during ownership.....purchase price versus resale!

90%. Volvo S60 D5 bought for £15k @ 2.5yrs old and sold for £1.5k at 8yrs old.

[Captain Muppet]

Peak for me was an average of just under £1,000/year on a mk1 MR2.

Although I did lose 100% on my Silvia and second RX7, that was still only £50/month.

Lowest was -£25/year.

Huge thanks to people who buy new cars, whithout whom I wouldn't have enjoyed decades of interesting cars without spending much money.

[siovey]

£4.5k in 3 years on my Focus ST - thank god i bought it nowhere near retail price!
£4.5k on my E46 330 ci over 3 years

[ging84]

bought a fiesta around 2001/2 for £200 paid £25 to scrap it a year later, 112.5% depreciation

[PurpleMoonlight]

£29,000 on a Merc in 15 months.

£15,000 on a Bentley in 7 months.

[philmots]

siovey said:

£4.5k in 3 years on my Focus ST - thank god i bought it nowhere near retail price!
£4.5k on my E46 330 ci over 3 years

Seems reasonable to me.

I try to get away with at the most £1500 a year.. Means I have to buy at around 5 years old though.

[Haggleburyfinius]

I lost £35K on an E46 M3 over 3 years.

Was worth every penny though...maybe...

[crofty1984]

About 2k on a fisher fury racing car

[PHuzzy]

Most I've ever lost is £850 over 2 years and 20,000 miles on the Impreza in my profile. Only wish it'd cost me that much in fuel!

[McSam]

£150, because a battered old Escort I bought with ten months' MOT I subsequently had to sell with it expired

The rest are a written off £300 car that I presume doesn't count, an Audi that I sold for the same £950 I paid for it, another Audi that I sold for twice the £600 I paid for it, and now I think my E46 is still worth what I paid. Imagine I'll lose some on that eventually, but at £1750 it doesn't have far to fall.

Sorry, is shedding not allowed here?

[thescamper]

McSam said:

Sorry, is shedding not allowed here?

[LeoZwalf]

I was annoyed when I sold the €1300 Mondeo to a scrap man nearly two years later for €75 after doing 25,000 in it but reading some of the posts here it seems mega cheap!

[Paddymcc]

Just under 12k in 3 years of owning an e46 m3.

Bought near peak of market at the time, ended up taking it to almost 100k miles resulting in an unfavorable car to sell on hence the big loss.

[DaveH23]

for me its £3200 over 5 years.

Paid £3400 for a 106 GTi and sold 5 years later for £200 which went to auction and I believe it went for £400.

[General Zod]

Volvo C30 T5. £23k list (but got 20% off on family deal) 2 years 4 months later traded in for £9k. Private sale attempts were futile despite low price. Woe is me.

[Craikeybaby]

£2,200 on a Mazda MX-5, but it did 100,000 miles in my ownership, so I can't complain at all.