Discussion
Test drove a pre-registered XF 3.0D Portfolio S a couple of days back.
I'd forgotten just how good these things are - and I used to own one !
It was the pre-facelift model and had just 30 miles on the clock.
I'm fairly confident it can be bought for around 35k and I'm very tempted.
Is this a good price or just what to expect for this model ?
I'd forgotten just how good these things are - and I used to own one !
It was the pre-facelift model and had just 30 miles on the clock.
I'm fairly confident it can be bought for around 35k and I'm very tempted.
Is this a good price or just what to expect for this model ?
Redv8 said:
Seems a bit high for a pre reg...
They are great cars, but prepare yourself for this... Ive just traded an 18 month old 3.0D XFS with only 10k miles on the clock that I bought new... Expect it to depreciate at 1000 per month.
Having done a bit more research I see you're right. It needs to be closer to 30k to be a bargain. I've found a new-model 3.0D Portfolio S with very few miles on at 37k to put thing in perspective.They are great cars, but prepare yourself for this... Ive just traded an 18 month old 3.0D XFS with only 10k miles on the clock that I bought new... Expect it to depreciate at 1000 per month.
I'm trying to avoid the horrendous depreciation by getting something already heavily discounted, either a demo or a used car.
I don't think the XF is any worse than most other new cars these days, in fact I didn't lose that much on my previous XF - but I did buy it pre-registered with a massive discount.
Wish I'd known yours was for sale !
mph said:
Talking to several friends in the trade, they reckon that the rule of thumb for depreciation used to be approximately 50% in three years, but now it's moved closer to 50% in two years.
Not so bad if your new car costs 15k but hard to swallow if it's 40k !
Not just Jags, I bought a diesel E-Class Merc Estate for the Mrs yesterday and thats lost over a grand a month since it was new and there was a time they had great residuals. Not so bad if your new car costs 15k but hard to swallow if it's 40k !
Bloody hell you can get a used XFR for £27k.... i was watching these a year and a bit ago and there wasnt one under 50
http://www.pistonheads.com/sales/3510714.htm
http://www.pistonheads.com/sales/3510714.htm
a8hex said:
Not just Jags, I bought a diesel E-Class Merc Estate for the Mrs yesterday and thats lost over a grand a month since it was new and there was a time they had great residuals.
Mercedes use to manage the market by under supplying to dealers and also exporting used stock to manage UK used stock levels, therefore artificially keeping residuals high, not any more. They now have joined the mass market by expanding model ranges and large company fleet sales, hence your residuals.Domf said:
a8hex said:
Not just Jags, I bought a diesel E-Class Merc Estate for the Mrs yesterday and thats lost over a grand a month since it was new and there was a time they had great residuals.
Mercedes use to manage the market by under supplying to dealers and also exporting used stock to manage UK used stock levels, therefore artificially keeping residuals high, not any more. They now have joined the mass market by expanding model ranges and large company fleet sales, hence your residuals.They'll all offer the same basic deals, they're all designed to get you to keep changing your car every three years to keep those factories busy. The main financial deal the dealers seemed to want to push at us meant you gave them a deposit, then a monthly bill then there is a balloon payment at the end which is basically equal to what they expect the used price to be, So in effect you kiss good bye to the deposit. Rent the car for the monthly fee and hand the car back owing nothing, but getting nothing back at the end of the three years. Then you do it all over again.
All the deals seemed to work out about the same.
All the deals seemed to work out about the same.
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