£20k family car that doesn't depreciate.
Discussion
I was thinking, the family wagon has cost about £15k over the years to lease, I've got to give it back this year and I'm bound to get stung for some additional costs.
Is there a car £15k to £20k that has gone through its depreciation cycle that the missus wouldn't feel a wally driving?
I suggested a nice w123 Merc Estate and it went down like a tonne of bricks. (Appreciate not 15 to 20k)
I don't really want Maserati Quattroporte running costs either though.
Is there a car £15k to £20k that has gone through its depreciation cycle that the missus wouldn't feel a wally driving?
I suggested a nice w123 Merc Estate and it went down like a tonne of bricks. (Appreciate not 15 to 20k)
I don't really want Maserati Quattroporte running costs either though.
Most will depreciate unless has some of the following:
Old
Rare
In demand
Performance
Etc.
I had similar thought when I got my Golf R. It was a toss up between that and a Lexus ISF.
I went with the Golf as it’s much cheaper to run (fuel, tax, insurance, maintenance, servicing etc.), so offsetting the lack of depreciation of the Lexus. The Golf was a lot newer of course (2yrs old) so had warranty (extendable through VW for not a lot). Lexus should be reliable and, if anything, go up in value if kept in good condition.
Anyway, I suggest the Lexus IS-F (would probably be cheaper to run than M3/AMG/RS4 etc.) or an in-demand newish hot hatch....
Old
Rare
In demand
Performance
Etc.
I had similar thought when I got my Golf R. It was a toss up between that and a Lexus ISF.
I went with the Golf as it’s much cheaper to run (fuel, tax, insurance, maintenance, servicing etc.), so offsetting the lack of depreciation of the Lexus. The Golf was a lot newer of course (2yrs old) so had warranty (extendable through VW for not a lot). Lexus should be reliable and, if anything, go up in value if kept in good condition.
Anyway, I suggest the Lexus IS-F (would probably be cheaper to run than M3/AMG/RS4 etc.) or an in-demand newish hot hatch....
I'm not sure.
I think you need to be looking at cars costing £500 to £1500 If you want zero depreciation.
A 3.2 V6 omega was purchased by me for £525. In 4 .5 years I've done 60k miles and it's definately worth more than I paid. Probably 3 times what I paid.
The problem would be getting your wife to drive it. My wife won't.
In fact she was very hating of it for the first couple of months. Eventually she admitted it was the most comfy and the fastest car she had been a passenger in. She still hasn't driven it.
What about a V6 vectra estate ?
I think you need to be looking at cars costing £500 to £1500 If you want zero depreciation.
A 3.2 V6 omega was purchased by me for £525. In 4 .5 years I've done 60k miles and it's definately worth more than I paid. Probably 3 times what I paid.
The problem would be getting your wife to drive it. My wife won't.
In fact she was very hating of it for the first couple of months. Eventually she admitted it was the most comfy and the fastest car she had been a passenger in. She still hasn't driven it.
What about a V6 vectra estate ?
E92/e90 m3... Maybe an f80/f82?
Running costs on the e92 weren't massive other than the warranty and steep tax band.
Massively practical, decent fuel economy for a v8.. Relatively discreet depending on the colour options and find one with Edc for a ride more comfortable than any other car I've owned tbh. Including the 530d and current crv.
Running costs on the e92 weren't massive other than the warranty and steep tax band.
Massively practical, decent fuel economy for a v8.. Relatively discreet depending on the colour options and find one with Edc for a ride more comfortable than any other car I've owned tbh. Including the 530d and current crv.
You could consider some AMGs, like https://www.autotrader.co.uk/car-details/202009234...
2007, 84k, £15k
I don't know for sure on future values, but it does have the USP of one of the biggest engines ever put in a car in the European market, so it could be seen as special.
2007, 84k, £15k
I don't know for sure on future values, but it does have the USP of one of the biggest engines ever put in a car in the European market, so it could be seen as special.
The spinner of plates said:
A lovely e39 M5 kept in tip-top shape should meet the brief.
The E39 along with the E60 M5 + AMG Mercedes may not depreciate a huge amount but each one of them is capable of throwing up bills well into the thousands .£15k to buy the car and then you spend a fortune on maintenance and if you are using it daily it WILL pick up dents/scratches and other damage and more frequent/expensive servicing so keeping it pampered and mint will cost a significant amount of money which wipes out any dreams of saving money running an older car
Hence I'd not recommend buying 10-15 year old performance cars to use daily whilst dreaming of its value going up up up and it not costing you a penny..nor would I want to be explaining to the wife why buying a 2006 BMW M5 for £15k one week and 6 weeks later spending £6k on a engine build was a good move.
samoht said:
You could consider some AMGs, like https://www.autotrader.co.uk/car-details/202009234...
2007, 84k, £15k
I don't know for sure on future values, but it does have the USP of one of the biggest engines ever put in a car in the European market, so it could be seen as special.
This for sure2007, 84k, £15k
I don't know for sure on future values, but it does have the USP of one of the biggest engines ever put in a car in the European market, so it could be seen as special.
Doofus said:
Your best best is a 2k family car with 18 grand in the boot.
Even if it's rare, in demand and so on, you intend to use it as a family car, so it won't remain desirable.
...Is the right answer. Nothing to prove and nothing to loose and 18 grand on your pension or off your mortgage.Even if it's rare, in demand and so on, you intend to use it as a family car, so it won't remain desirable.
If anybody's too proud or status conscious to drive it that's their problem, not yours.
Thanks for the replys.
M5 / AMG are out of the question, the missus does 8k miles a year pottering around. The kids are 5 and 6 so the car looks like a skip. The wheels are curbed to buggery and it has a multitude of car park dings.
There is a decent amount of snobbery at school when it come to having the latest and greatest 4x4. Knowing what the Dads do for work I am really stumped how they all seem to afford the latest Range Rover.
I was looking at Range Rover classics last night but they seem to have shot through the roof.
I think maybe a BMW 3 series Touring might fit the bill and comes in well under budget.
I definitely wouldn't get her in an old Omega or an E39 as much as I like the e39 and wouldn't hesitate myself.
The non depreciation requirement looks like its going to be hard to fill.
M5 / AMG are out of the question, the missus does 8k miles a year pottering around. The kids are 5 and 6 so the car looks like a skip. The wheels are curbed to buggery and it has a multitude of car park dings.
There is a decent amount of snobbery at school when it come to having the latest and greatest 4x4. Knowing what the Dads do for work I am really stumped how they all seem to afford the latest Range Rover.
I was looking at Range Rover classics last night but they seem to have shot through the roof.
I think maybe a BMW 3 series Touring might fit the bill and comes in well under budget.
I definitely wouldn't get her in an old Omega or an E39 as much as I like the e39 and wouldn't hesitate myself.
The non depreciation requirement looks like its going to be hard to fill.
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