Buying Back Old Car?

[Greyhound21]

I traded in a car a couple of months ago due to personal circumstances. I’ve just noticed it’s still on the market and as things have resolved themselves I am in a position to buy it again.

I bought it as a pre reg, and have been the only other owner so obviously if I bought it back I’d be keeper 3. How much of an impact would that make on the value of a £31k car?

[Dog Biscuit]

How old is it and what car is it?

[Greyhound21]

its a MINI Countryman Electric, exactly 1 year old.

[Dog Biscuit]

Greyhound21 said:

its a MINI Countryman Electric, exactly 1 year old.

Depending on how long you keep it for then it wont make a huge difference - say for maybe 3 or 4 years

The biggest factor would be the epic depreciation that is baked in to cars of this type - you'll either lose a lot of money or a load of money.

I'd move on personally

[Greyhound21]

Dog Biscuit said:

Depending on how long you keep it for then it wont make a huge difference - say for maybe 3 or 4 years

The biggest factor would be the epic depreciation that is baked in to cars of this type - you'll either lose a lot of money or a load of money.

I'd move on personally

its funny really, its actually on for more than I paid for it 6 months ago, albeit I got a really good deal. 1st year depreciation has been about 25% compared to a near 50% on some things I've looked at recently.

As for how long I'll keep it, the wife tells me its going to be a 4 year car minimum.

[Dog Biscuit]

Greyhound21 said:

Dog Biscuit said:

Depending on how long you keep it for then it wont make a huge difference - say for maybe 3 or 4 years

The biggest factor would be the epic depreciation that is baked in to cars of this type - you'll either lose a lot of money or a load of money.

I'd move on personally

its funny really, its actually on for more than I paid for it 6 months ago, albeit I got a really good deal. 1st year depreciation has been about 25% compared to a near 50% on some things I've looked at recently.

As for how long I'll keep it, the wife tells me its going to be a 4 year car minimum.

Well i dont think the extra change of keeper will make a huge difference

[Watchthis]

Surely if tou bought it ex demo cheaper, then look for another ex demo that's cheaper?

[ZX10R NIN]

It will make no difference at all so if it ticks the boxes buy it.