What is the worst depreciating car in the UK?
Discussion
Having just sold my old car I thought I'd have a giggle and look what else a similar price and age would get you. To my surprise I found that you could pick up a 2013 M6 4.4 Gran Coupe - having lost £74,000 in the intervening 8 years
Surely that has to be up there as one of the worst depreciating cars?
Surely that has to be up there as one of the worst depreciating cars?
DodgyGeezer said:
Having just sold my old car I thought I'd have a giggle and look what else a similar price and age would get you. To my surprise I found that you could pick up a 2013 M6 4.4 Gran Coupe - having lost £74,000 in the intervening 8 years
Surely that has to be up there as one of the worst depreciating cars?
usually mainstream performace cars seem to hemerage money in the first few years, Audi S8, Merc S63, and as mentioned BMW 6 series. I think there is likely a bigger market for smaller cars like A4/6, E/C class etc. Other stuff that seems to piss money way, Bentley GT's (but not rolls royce), 7 series, PeugeotsSurely that has to be up there as one of the worst depreciating cars?
Gecko1978 said:
usually mainstream performace cars seem to hemerage money in the first few years, Audi S8, Merc S63, and as mentioned BMW 6 series. I think there is likely a bigger market for smaller cars like A4/6, E/C class etc. Other stuff that seems to piss money way, Bentley GT's (but not rolls royce), 7 series, Peugeots
Hemerage?TwigtheWonderkid said:
I lot of depreciation league tables go by percentage. That seems a bit pointless to me. Does it matter that their Dacia has lost 75% of it's new price in 3 years, when it only cost you £6K?
Bestle said:
Most of these depreciation articles also don't take into account actual purchase price. Nobody is paying RRP for an S class.
This is something I used to harp on about 10-20 years ago. Journalists and car magazines used to fawn over premium German marques for deprecaiation - the £20k BMW 318i was worth £12k three years later, compared to £8k for the £20k Mondeo. Yet the realistic transaction price for the Mondeo was £15k - no-one bought a Mondeo back then at list price.
TwigtheWonderkid said:
I lot of depreciation league tables go by percentage. That seems a bit pointless to me. Does it matter that their Dacia has lost 75% of it's new price in 3 years, when it only cost you £6K?
I feel that percentage is the only fair way to score it. To the person that buys a £10k car, the £6k is a lot of money, whereas £6k is minimal on a £200k car. vikingaero said:
TwigtheWonderkid said:
I lot of depreciation league tables go by percentage. That seems a bit pointless to me. Does it matter that their Dacia has lost 75% of it's new price in 3 years, when it only cost you £6K?
Bestle said:
Most of these depreciation articles also don't take into account actual purchase price. Nobody is paying RRP for an S class.
This is something I used to harp on about 10-20 years ago. Journalists and car magazines used to fawn over premium German marques for deprecaiation - the £20k BMW 318i was worth £12k three years later, compared to £8k for the £20k Mondeo. Yet the realistic transaction price for the Mondeo was £15k - no-one bought a Mondeo back then at list price.
As per my example above, how many Porsche buyers go and buy a standard/list one? I'd guess a VERY high percentage will have some options.
The Mondeo example was probably the other way round, yes, in that people DID buy a "standard/list" one (which had all the equipment they wanted anyway) AND purchased for a lot less than list too.
Bestle said:
Most of these depreciation articles also don't take into account actual purchase price. Nobody is paying RRP for an S class.
That's a crucial point. That said, the previous S class Mercedes were being discounted by huge amounts a year ago, the new car is hardly discounted at all currently - so it makes a vast difference when you buy one.Gassing Station | Car Buying | Top of Page | What's New | My Stuff