Yahoo has never heard of deprecitation.....

[airbrakes]

http://uk.finance.yahoo.com/news/new-cars-cheaper-...

My head just exploded at how wrong thus article is....

[Dr Jekyll]

Neither have I.

[Tokar]

Oh dear, I suspect that most of the motoring public don't factor depreciation into their monthly costs either...

[KTF]

I have never heard of deprecitation either.

[RizzoTheRat]

They're also including free insurance on the 208, presumably that's only the first year and I'd guess not available to some drivers (age, experience, points etc)

[HustleRussell]

To think, all these years I have been totally oblivious to the way new cars deprecitate

[TheRoadWarrior]

They do seem to have focussed on the details they want to promote and ignored the ugly details, such as depreciation!

[Garlick]

KTF said:

I have never heard of deprecitation either.

[Davel]

Me neither...

[carl_w]

Where are these new Peugeot 208s that sell for the same price as 5 year old ones?

[Davel]

Must have deprecitated!

[Bluebarge]

That's enough deprecation

[Jim the Sunderer]

I don't know where they get their fuel figures from on a 3 year old Peugeot 208, or rather a future model.

[Passeyfier]

Oh dear, I just hope some people don't actually believe this to be true!

[Ozzie Osmond]

Spend an extra £5,000 on your car and save £700 a year. Brilliant! Is Gordon Brown now working at yahoo?

[HertsBiker]

Ozzie Osmond said:

Spend an extra £5,000 on your car and save £700 a year. Brilliant! Is Gordon Brown now working at yahoo?

Or buy a cheap shed that costs you hundreds a month to keep going? Our Bini Cooper costs about £1200 a year to maintain, even with lowish mileage.

[wemorgan]

airbrakes said:

http://uk.finance.yahoo.com/news/new-cars-cheaper-...

My head just exploded at how wrong thus article is....

Someone at the BBC was listening to you: http://www.bbc.co.uk/news/business-23797016

[chibbard]

Quote "But by comparison, a Porsche Cayenne diesel bought today for £47,390 is predicted to lose £7,488 of its value - 15.8% - over three years" surely they got this bit wrong and meant per year...

[bencollins4]

Both really poorly researched articles and hugely inaccurate.

[Dr Jekyll]

HertsBiker said:

Or buy a cheap shed that costs you hundreds a month to keep going? Our Bini Cooper costs about £1200 a year to maintain, even with lowish mileage.

Most of my cars have been cheap sheds, I might once have spent £1000 in maintenance in a year but most years it's less than half that.