Caterham value and depreciation

[AJM1710]

Would anyone out there be able to give me some guidance on a reasonable assumption on annual depreciation would be for a Roadsport with a K series 1.8 or VVT, 12 years old, in good nick with currently 20k on the clock, assuming I keep it well fettled and do about 2500 miles a year? Does £14k sound unreasonable for such a car?

[S1X OK]

CC Crawley currently have a '99 VVC on their list. It's done 36531 miles and they have a price tag of £15495. Admittedly, there will be a natural loading because of who is selling it.
Link:http://uk.caterhamcars.com/pre-owned/808-roadsport-vvc

[Toaster]

AJM1710 said:

Would anyone out there be able to give me some guidance on a reasonable assumption on annual depreciation would be for a Roadsport with a K series 1.8 or VVT, 12 years old, in good nick with currently 20k on the clock, assuming I keep it well fettled and do about 2500 miles a year? Does £14k sound unreasonable for such a car?

Nope it doesn't sound too much but I guess any car is only worth what someone will pay but a a 7 in good condition does not loose value quickly

[SidewaysSi]

AJM1710 said:

Would anyone out there be able to give me some guidance on a reasonable assumption on annual depreciation would be for a Roadsport with a K series 1.8 or VVT, 12 years old, in good nick with currently 20k on the clock, assuming I keep it well fettled and do about 2500 miles a year? Does £14k sound unreasonable for such a car?

Entirely reasonable - depreciation is virtually non-existant with Caterhams so you won't lose much at all. Just buy and enjoy and forget about the money!

[New POD]

Bloke I work with has kept his 18 years, and reckons that it's worth double what he paid.