Short term(ish) car ideas to avoid depreciation
Discussion
Hi All,
So here's the scenario.
I need a car for about 18 months to do an 80 mile(round trip) commute in. Thats about 20k a year adding a few for fun.
Budget can be almost anything, but it needs to be economical and when 18 months is up, I need to sell it and avoid as much depreciation as possible.
Only preference is Id like a few creature comforts, 4/5 doors, diesel almost certainly, auto would be preferable too but not essential.
Open to all ideas, but its all about the maths!
Andy
So here's the scenario.
I need a car for about 18 months to do an 80 mile(round trip) commute in. Thats about 20k a year adding a few for fun.
Budget can be almost anything, but it needs to be economical and when 18 months is up, I need to sell it and avoid as much depreciation as possible.
Only preference is Id like a few creature comforts, 4/5 doors, diesel almost certainly, auto would be preferable too but not essential.
Open to all ideas, but its all about the maths!
Andy
either buy something nearly new, thats had the initial hit of depreciation. another option would be to buy a vehicle thats bottomed out in value.
i would normally always say buy something towards the end of its life but with 20k miles maybe not such a great idea but that doesn't stop you getting a nice car for cheap. for example my uncle sold his car for £400 that was 1 owner from new (him) fsh, 2 cambelts on 85k miles and a new clutch. cant help but think someones laughing
i would normally always say buy something towards the end of its life but with 20k miles maybe not such a great idea but that doesn't stop you getting a nice car for cheap. for example my uncle sold his car for £400 that was 1 owner from new (him) fsh, 2 cambelts on 85k miles and a new clutch. cant help but think someones laughing
Wondering how this would fair after another 30K?
http://www.autotrader.co.uk/classified/advert/2014...
Mega mpg and no tax would be good, but how much would it drop?
http://www.autotrader.co.uk/classified/advert/2014...
Mega mpg and no tax would be good, but how much would it drop?
andypowell said:
Wondering how this would fair after another 30K?
http://www.autotrader.co.uk/classified/advert/2014...
Mega mpg and no tax would be good, but how much would it drop?
Honestly I can see you losing £5k on that, especially if you trade it in.http://www.autotrader.co.uk/classified/advert/2014...
Mega mpg and no tax would be good, but how much would it drop?
In eighteen months to two years there won't be as much premium for the F20 shape 1 Series as they will be coming off fleets in droves and that might be a £10k retail car.
Errrrm , totally unrealistic.
IMO the only certain way to beat depreciation, which at the end of the day is a cash amount and not a percentage, is to buy a cheap car. Add to that the high annual mileage and you're just looking at cheap diesel saloons with a reasonable reliability score. Functional motoring rather than sexy motoring.
IMO the only certain way to beat depreciation, which at the end of the day is a cash amount and not a percentage, is to buy a cheap car. Add to that the high annual mileage and you're just looking at cheap diesel saloons with a reasonable reliability score. Functional motoring rather than sexy motoring.
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