Caterham depreciation - what's the truth?
Caterham depreciation - what's the truth?
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Irodeabikeonce

Original Poster:

1 posts

23 months

Wednesday 19th June 2024
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Hi folks, looking for a toy car and, having had several previous rental Caterham experiences on track days, I thought I might go and actually buy one.
Obviously as a collection of bits they are not worth the actual built price, but the market seems to support itself on the steady demand and supposed low depreciation. I know that Porsche is another marque that supposedly has low depreciation but the reality is that unless they're it's specced up to the hilt and in the right colours then an unwary buyer gets left with a lemon. So, my question is what's the real world hit to be expected from one of the more desirable Caterham models - say 420 or 620 - after 2 or 3 years?
Thanks for any comments on your experiences.

Far Cough

2,477 posts

192 months

Thursday 20th June 2024
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I bought a 400 Duratec from Caterham second hand but as new. Kicked it's head in for 2 years and it sold for what I bought it for minus their commission. Can't argue with that !

BertBert

20,951 posts

235 months

Thursday 20th June 2024
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Far Cough said:
I bought a 400 Duratec from Caterham second hand but as new. Kicked it's head in for 2 years and it sold for what I bought it for minus their commission. Can't argue with that !
When was that? I think the market has become much tighter in the last two years.

Master Bean

4,965 posts

144 months

Thursday 20th June 2024
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I paid £24k for mine at 4 years old. Sold 5 years later for £14k. Did about 18k miles in that time.

Catflap66

49 posts

153 months

Thursday 20th June 2024
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The more you pay, the more deprecation will hit you. High end Cateram's will suffer some higher depreciation.

It some time ago now, but I think if I recall correctly, my Caterham cost me about £2k in 26 months of ownership. It was an Academy Sprint.

Far Cough

2,477 posts

192 months

Friday 21st June 2024
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BertBert said:
When was that? I think the market has become much tighter in the last two years.
A couple of years ago , I should have mentioned that , soz. Has it changed that much since ?