Disastrous diesel depreciation: your views
Discussion
Keen to get your views on depreciation here.
I bought an approved used 2014 Audi A5 3.0TDi Black Edition 25 months ago (December 2017). The car was first registered in March 2014, original list price £41,700) for £22,900. 17000 miles, perfect condition.
Valuation 25 months later I've had a valuation of c£13,200, despite FASH and being in very good condition (stone chips on bonnet, 1 minor curb on alloy). Mileage is now 42,500. Just had a major service and done the transmission oil change last Sept.
Depreciation here of c£10k in 25 months, c£388 a month.
I’d appreciate your views here:
- Did I overpay when I purchased the car?
- Is this down to diesel being less desirable?
- Something else?
For info: Previous car (approved used 2010 A5 2.0TDi s line, bought 3 years old in 2013 with 20k miles) depreciated from c£21k to £9k over 4 years with me adding another 35k miles to it, FASH. £11k depreciation over 4 years £229 PCM.
Thanks for your help!
I bought an approved used 2014 Audi A5 3.0TDi Black Edition 25 months ago (December 2017). The car was first registered in March 2014, original list price £41,700) for £22,900. 17000 miles, perfect condition.
Valuation 25 months later I've had a valuation of c£13,200, despite FASH and being in very good condition (stone chips on bonnet, 1 minor curb on alloy). Mileage is now 42,500. Just had a major service and done the transmission oil change last Sept.
Depreciation here of c£10k in 25 months, c£388 a month.
I’d appreciate your views here:
- Did I overpay when I purchased the car?
- Is this down to diesel being less desirable?
- Something else?
For info: Previous car (approved used 2010 A5 2.0TDi s line, bought 3 years old in 2013 with 20k miles) depreciated from c£21k to £9k over 4 years with me adding another 35k miles to it, FASH. £11k depreciation over 4 years £229 PCM.
Thanks for your help!
Gassing Station | Car Buying | Top of Page | What's New | My Stuff