What is the worst depreciating car in the UK?

What is the worst depreciating car in the UK?

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Discussion

DodgyGeezer

Original Poster:

40,725 posts

192 months

Friday 13th August 2021
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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 eek

Surely that has to be up there as one of the worst depreciating cars?

kambites

67,683 posts

223 months

Friday 13th August 2021
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In absolute terms, barring limited production exotica, the worst depreciating cars will be the most expensive ones.

Zumbruk

7,848 posts

262 months

Gecko1978

9,824 posts

159 months

Friday 13th August 2021
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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 eek

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, Peugeots

Maxym

2,071 posts

238 months

Friday 13th August 2021
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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?

tim0409

4,492 posts

161 months

Friday 13th August 2021
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Maxym said:
Hemerage?
I think most people can work it out....

TwigtheWonderkid

43,640 posts

152 months

Friday 13th August 2021
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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

97 posts

125 months

Friday 13th August 2021
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Most of these depreciation articles also don't take into account actual purchase price. Nobody is paying RRP for an S class.

vikingaero

10,520 posts

171 months

Friday 13th August 2021
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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.

voram

4,169 posts

36 months

Friday 13th August 2021
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Similarly all the talk of high resale prices for some sports cars seems to come back to "so long as you barely use them" which seems rather pointless.

Baked_bean

1,908 posts

194 months

Friday 13th August 2021
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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.

Dracoro

8,705 posts

247 months

Friday 13th August 2021
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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.
And many German ones never sold at list as always had loads of options. So that £45k Porsche Boxster was typically a £50/60k one. The depreciation stats just compared the £45k value. Many other manufacturers don't have cars (often better equipped anyway) where a high proportion don't but a "standard/list" one but always select a number of options.

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.

valiant

10,430 posts

162 months

Friday 13th August 2021
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I once bought a Fiat Stilo. New.


2 sMoKiN bArReLs

30,274 posts

237 months

Friday 13th August 2021
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This n lost money before you'd even bought it!


DodgyGeezer

Original Poster:

40,725 posts

192 months

Friday 13th August 2021
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@Mods - why on earth has this thread been moved to car buying?

Mr Miata

979 posts

52 months

Friday 13th August 2021
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^^^ It bugs me that one wing mirror is folded and the other isn’t. And who is that in the background, looking out the window?

GT03ROB

13,365 posts

223 months

Friday 13th August 2021
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I think my Panamera had shed 80k in 6 yrs & 12k miles when I bought it

PH User

22,154 posts

110 months

Friday 13th August 2021
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valiant said:
I once bought a Fiat Stilo. New.
May as well end the thread right now.

bcr5784

7,122 posts

147 months

Friday 13th August 2021
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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.