Worst loss on a car

[-Z-]

Robsti said:

As daemon has said many times PCP can be a good way to "own" cars!

But what he meant was it can be a very expensive way to rent cars!

That in some cases ends up being cheaper than buying with cash.

[Robsti]

-Z- said:

Robsti said:

As daemon has said many times PCP can be a good way to "own" cars!

But what he meant was it can be a very expensive way to rent cars!

That in some cases ends up being cheaper than buying with cash.

But hardly ever if you want to "OWN" them!

[Bebee]

Audi TT 225 paid £17k sold 9 months later for £13k with 3000 miles done.
Great car but never again.

[Greg_D]

My old man had an x type 3.0, top spec for £32k, sold it 3 years later for £4,200 (to me-matched dealer offer)
As a percentage lost, that's got to be up there.....

[LordHaveMurci]

Greg_D said:

My old man had an x type 3.0, top spec for £32k, sold it 3 years later for £4,200 (to me-matched dealer offer)
As a percentage lost, that's got to be up there.....

I'm guessing he didn't change for another X Type!

[e8_pack]

pidsy said:

£4.5k in 6 weeks on a hilux a few years ago.

surely you could have waited for the right buyer though? or was there something wrong with it?

[pidsy]

e8_pack said:

pidsy said:

£4.5k in 6 weeks on a hilux a few years ago.

surely you could have waited for the right buyer though? or was there something wrong with it?

it had one of the dodgy 2.4TD engines that have a habit of letting go (i wasnt aware of the issue at the time) it went pop on the a303 near stone henge and that was it. picked up by a garage - got a huge repair bill i couldnt afford so never saw it again. the £4.5k was the total cost of the car.

i was young and stupid - stretched myself to buy the car and then couldnt afford to fix it.