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AJGalaxy2012



Member Since: 11 Jun 2018
Location: Gainsborough
Posts: 1464
United Kingdom 2012 Range Rover Vogue SE 4.4 V8 Bonatti Grey

So it's lost £24820 in that time? really? thats horrendous. That said, how much has your rangie lost is the same 2 years? BMW i3 Electric Car
2012 Full Fat RR 4.4 TDV8 (now gone)
2006 VW Touareg 3.0 TDi V6
Post #689909 4th Apr 2024 1:04pm
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AndyRoo



Member Since: 06 Dec 2023
Location: Gloucester
Posts: 532
Scotland 2012 Range Rover Westminster TDV8 Fuji White

Check This Out, It's Eye Watering:

Nothing to do with fatties, but if you thought we were suffereing from high costs, EV folks are hurting more. Fuji White / Jet 2012 4.4 TDV8 Westminster
Post #689910 4th Apr 2024 1:27pm
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cass



Member Since: 12 Oct 2011
Location: northumberland
Posts: 727
United Kingdom 

AJGalaxy2012 wrote:
So it's lost £24820 in that time? really? thats horrendous. That said, how much has your rangie lost is the same 2 years?

Yes, Invoice price on the lease agreement was £37000, at 2 years old and 20K miles the lease company offered it to me for £12000. When I declined they asked if I wanted to make them an offer, so It has probably lost even more.
We're all good at pretending depreciation isn't happening to us and actually working out how much it has cost isn't always easy because we always think our cars are worth more than they actually are.
Best comparison I can make for a Range Rover - I'm sure you mentioned in a post that you had sold your 2012 L322 some time ago £7500? I've got a 2011 L322 that I've had for years so If I assume that my L322 was worth £7000 when you sold yours? then comparable L322s on Autotrader today are advertised for between £8000 & £12000 today.
Short answer is mine hasn't lost much.
Post #689913 4th Apr 2024 2:51pm
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baz000000



Member Since: 01 Apr 2022
Location: Shropshire
Posts: 123
England 2016 Range Rover Autobiography SDV8 Loire Blue

AndyRoo wrote:
https://assets.publishing.service.gov.uk/media/6603f64b13397a0011e419be/v149-rates-of-vehicle-tax-for-cars-motorcycles-light-goods-vehicles-and-private-light-goods-vehicles.pdf

£710 for my 2012 4.4 TDV8, 253 g/km Band L from Apr 1st.

Could be worse Big Cry

Andy


That's why I sold my TDV8 for a SDV8, I save £300 on road tax but lose around £10k a year in extra depreciation. Cars were never invented to make purchasers money.
Post #689916 4th Apr 2024 4:14pm
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Dutchgit



Member Since: 17 Sep 2023
Location: Emmerich am Rhein
Posts: 178
Germany 2008 Range Rover Vogue TDV8 Stornoway Grey

cass wrote:
The cost of road tax is negligible when comparing running costs.
My (thankfully leased) company Corsa EV has depreciated at a rate of £34 per day over the 2 years that I had it. This makes my Range Rover road Tax look like a bargain at less than £2 per day.


But if you wouldn't have to pay the road tax you would be out of pocket less.... Cool
Post #689927 4th Apr 2024 6:38pm
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AJGalaxy2012



Member Since: 11 Jun 2018
Location: Gainsborough
Posts: 1464
United Kingdom 2012 Range Rover Vogue SE 4.4 V8 Bonatti Grey

cass wrote:
AJGalaxy2012 wrote:
So it's lost £24820 in that time? really? thats horrendous. That said, how much has your rangie lost is the same 2 years?

Yes, Invoice price on the lease agreement was £37000, at 2 years old and 20K miles the lease company offered it to me for £12000.

Thats a LOT of money for a Corsa.

Quote:

When I declined they asked if I wanted to make them an offer, so It has probably lost even more.

Make them a derisory offer, you may just get lucky

Quote:

We're all good at pretending depreciation isn't happening to us and actually working out how much it has cost isn't always easy because we always think our cars are worth more than they actually are.

I'm under no illusions on this one, I am happy with my i3 which hasnt lost anything like the rates you've experienced.

Quote:
Best comparison I can make for a Range Rover - I'm sure you mentioned in a post that you had sold your 2012 L322 some time ago £7500? I've got a 2011 L322 that I've had for years so If I assume that my L322 was worth £7000 when you sold yours? then comparable L322s on Autotrader today are advertised for between £8000 & £12000 today.

Yep the market is a little better at the moment as long as it's not one of the later ones where insurance costs are causing prices to freefall.

Quote:

Short answer is mine hasn't lost much.

This week...... next week however may be completely different. BMW i3 Electric Car
2012 Full Fat RR 4.4 TDV8 (now gone)
2006 VW Touareg 3.0 TDi V6
Post #689983 5th Apr 2024 10:24am
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