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KING OF THE ROAD



Member Since: 06 Jan 2009
Location: UK
Posts: 34

United Kingdom 
Gas guzzlers lead a used car revival

Have a read of this.....

http://www.thisismoney.co.uk/investing-and..._page_id=3

Post #4572 6th Apr 2009 12:53pm
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Vogue



Member Since: 31 Jan 2008
Location: on the hill
Posts: 3751

United Kingdom 

good article, been expecting it for a while to be honest. The market had to level out at one point and the lack of new registrations has created a deficit on the used car market of vehicles not been traded in, together with the euro pushing prices up of imports.

Whatever the final result is a RR is still going to suffer from horrendous depreciation, but this news might just might make it a bit more palatable!

RR depreciation has in my experience averaged out historically at around the £10k average mark per year in the first three to four years of ownership from new i.e. £200 per week!!!!!!!!!!!!!!!!!

Discoveries were around the £5k to £6k mark

Post #4573 6th Apr 2009 1:28pm
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