£10k car that won't lose any/much money over a year
Discussion
The trouble with any sports or classic car is that while it won't depreciate much, anything that needs repairing or replacing in that time, or even a routine service could be a big cost.
I'd go for something that can be sold quickly and easily, a diesel estate or people carrier, one owner, with low mileage. Something like a VW or Audi that's done it's first big chunk of depreciation but shouldn't go wrong in that time. Buy and sell well and you shouldn't lose very much.
I'd go for something that can be sold quickly and easily, a diesel estate or people carrier, one owner, with low mileage. Something like a VW or Audi that's done it's first big chunk of depreciation but shouldn't go wrong in that time. Buy and sell well and you shouldn't lose very much.
AJS- said:
The trouble with any sports or classic car is that while it won't depreciate much, anything that needs repairing or replacing in that time, or even a routine service could be a big cost.
I'd go for something that can be sold quickly and easily, a diesel estate or people carrier, one owner, with low mileage. Something like a VW or Audi that's done it's first big chunk of depreciation but shouldn't go wrong in that time. Buy and sell well and you shouldn't lose very much.
That's a very good point that is often forgotten when discussing such matters.I'd go for something that can be sold quickly and easily, a diesel estate or people carrier, one owner, with low mileage. Something like a VW or Audi that's done it's first big chunk of depreciation but shouldn't go wrong in that time. Buy and sell well and you shouldn't lose very much.
With that in mind I reckon that the Cooper S as suggested above is a very good call.
Any others?
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