Home > General > Depreciation ... A few figures for you. |
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Googsy Member Since: 02 Jun 2011 Location: Where men are men and sheep are nervous. Posts: 2947 |
Well people are buying them here for a lot more than that. A 2008 is about 34k here at the moment. With road tax at 1809 per year if someone wants a range rover they buy it. Present :2008 TDV8 HSE
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28th Apr 2013 7:29pm |
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barrieeld Member Since: 07 Dec 2010 Location: Scotland Posts: 260 |
Interesting point I think high milers under 15k will not shift and free fall simply because buyers will be scared of a potential money pit..low mileage examples will always have a certain attraction for buyers. Every big lux car falls foul of the same problem...no matter how old they get they'll always have big bills to maintain and run= rapid depreciation..the l322 is no different. The only German lux marque which tends to buckle the trend is Porsche cause there frugal for performance cars and parts aren't bad and specialists look after them. That said the 3.8 is the 911s is not the best for reliability and was the reason why I never bought one Range Rover SC 35th Anniversary 2006 |
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28th Apr 2013 7:46pm |
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SAGARIS Member Since: 05 Oct 2012 Location: north wales Posts: 20 |
The reason I bring the subject up is im maybe looking for a early TDV8 for under £20k, and my dealer friend said to me it better be a keeper or I must be willing to give it away in a few years just because of the bloody higher tax band TVR SAGARIS |
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28th Apr 2013 7:49pm |
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barrieeld Member Since: 07 Dec 2010 Location: Scotland Posts: 260 |
It's amazing what an extra £250 pa does to consumers buying psyche!
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28th Apr 2013 7:55pm |
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SAGARIS Member Since: 05 Oct 2012 Location: north wales Posts: 20 |
I agree when you think about the full costs of running one it's nothing. TVR SAGARIS |
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28th Apr 2013 8:05pm |
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Contraband Member Since: 08 Nov 2010 Location: FIFE Posts: 3697 |
I forgot to add 2.5 years of road tax into my calculations..
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28th Apr 2013 8:09pm |
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Vogue Member Since: 31 Jan 2008 Location: on the hill Posts: 3739 |
for a Range Rover thats cheap motoring, buy new and you are looking at £15k to £20k a year in depreciation and running costs - minimum |
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28th Apr 2013 8:33pm |
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RR2008HSE Member Since: 06 Jan 2013 Location: British Columbia Posts: 2932 |
All premium luxury cars depreciate very quickly. Those with big pockets want the newest and latest and will avoid the stigma of a USED car.
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28th Apr 2013 9:26pm |
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KurtVerbose Member Since: 08 Aug 2010 Location: Les Arses Posts: 5848 |
I keep thinking about an S class. Maybe I'll have a look in the States. No diesels there though. |
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29th Apr 2013 6:36am |
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Cam-Tech-Craig Member Since: 03 Aug 2011 Location: Gloucestershire Posts: 16281 |
The first owner of my last SC lost £64 a day in depreciation alone
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29th Apr 2013 7:20am |
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steptoe Member Since: 23 Jul 2012 Location: london Posts: 382 |
Bought my 2002 4.4 vogue a year ago. Immaculate with full service history, and with a prins LPG system fitted.
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29th Apr 2013 10:27am |
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kingpleb Member Since: 07 Jun 2011 Location: Maybe here. Maybe there, I get everywhere! Posts: 8455 |
that £250 difference is enough to pay for nearly 2 tanks of fuel or at least 1000miles of motoring in a TD6... that makes a difference, and for some of our more seasoned members thats their yearly insurance for one!
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29th Apr 2013 11:18am |
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pld118 Member Since: 25 Mar 2013 Location: Bairns Posts: 4218 |
So what is the definition of a high miler?... Main dealer who sold to us said the average mileage for these cars is 15k mls per year... |
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29th Apr 2013 11:25am |
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kingpleb Member Since: 07 Jun 2011 Location: Maybe here. Maybe there, I get everywhere! Posts: 8455 |
Anything over 100k has a stigma and anything over 140/150k is often seen as clapped out by the average Joe Public FFRR MY06 facelift With TDV8 Alloys Zeros/ATR's
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29th Apr 2013 11:28am |
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