Has anyone else noticed that MY17 cars seem to be dropping in price like stones - 5 month old AB 4.4 now £87k...

Well there's at least 2 on here that have been rejected by their owners and returned - I guess some may still not have had the problems resolved...... and a 5 month old used MY17 would have me assuming it's one of the rejected bunch.......

There are a lot of used cars available now so a large choice even for MY17 cars. Also, the dealers discounts, finance deposit contributions will lower the list price dramatically so £87k seems a low price but my car's list price was around £110k but I bought it for £95k so if its worth say £80k after a year then that's not serious depreciation taking into account the typical new car first year depreciation curve is always going to be steep.The prices will continue to soften until something new and sparkly comes along and these new models will hold their value better for sometime but again will start to
drop quite quickly.
Unit a brand new model comes along this depreciation will be harsh for many people but its only a similar % of the purchase price to many other cars it's just the FFRR costs a lot in the first place.

Right as Andy says there where big discount around on these so £87k is probably only around £5k less give and take of what a new one could have been bought for with a good deal.
Plus imo £90k car with a lot a negativity about the fuel.

I saw a depreciation chart online somewhere that for the first three years went like this

Year 1 24%
Year 2 20%
Year 3 16%

That's a whopping 64% over three years

Oh, Year 15 ? 0%  .
Experience is the only genuine knowledge, but as time passes, I have forgotten more than I can remember
Volvo V70 P2 2006 2.4 Petrol 170bhp Estate SE
MG Midget Mk1 1962

Previous: L322 Range Rover TDV8 3.6 2008; L322 Range Rover TD6 3.0 2002; P38A Range Rover V8 1999

If that was correct you'd be getting a three year old 3.0SE with thirty odd thousand miles for £32,000 and that's not happening. I'd suggest the three year mark is that these cars seem to hang on to 60% not 40%

And we need to remember that whatever extras we add to the car just make them easier to sell it doesn't mean they will hang on to a big part of that original cost.

Purchase price £100,000 after 3 years price would be £51,000 on those depreciation figures.

No on those figures it would be £40,000 after three years

The percentages come off the reducing balance. Even so no sane person would consider such costs. letters not necessarily in the right order

Lad wrote:

Purchase price £100,000 after 3 years price would be £51,000 on those depreciation figures.

50% after 3 years is about right. On a £100k AB I'm expecting something like Y1 £20k, Y2 £15k and Y3 £15k, total £50k ish depreciation. Y3 starts in Sept. MY23 D350 HSE
On my 7th RR plus various other JLR vehicles

From experience, the last MY before a facelift always takes the quickest hit.