Depreciation

[PHilA]

15k for a 2 year only car that was 27k new, sounds bad to me
probably why ive only ever bought one car brand new

[robertshephard]

Dealers of a different brand will always price lower than a dealer of the same make. It's sales psychology. It helps to make the customer think the dealer's brand holds it's price better than the opposition. It's the same sort of reasoning as estate agents pricing a house at £299,995 instead of £300,000. Only £5.00 but sounds a much better deal.

[Lee2003]

15k for a 2 year only car that was 27k new, sounds bad to me
probably why ive only ever bought one car brand new

I never paid £27000 for it, I paid £20000 with 3800 miles on the clock and it's a ex demo so got the lifetime warranty

Think people are in the wrong game buying cars if they think there going to make money!

Oh and I was happy with the valuation

Lee

[lzr]

I never paid £27000 for it, I paid £20000 with 3800 miles on the clock and it's a ex demo so got the lifetime warranty

Think people are in the wrong game buying cars if they think there going to make money!

Oh and I was happy with the valuation

Lee

I think you can by cars that will make you money....but you have to get what people or experts consider 'landmark cars' or future classics. But it's hard to tell what will be and what won't be a future classic.

On a positive note....the astra burg, a good clean example is holding its value at around 10k. The more rarer it gets I have a feeling it could be a future classic hatchback...what you guys think?

[Lee2003]

I think you can by cars that will make you money....but you have to get what people or experts consider 'landmark cars' or future classics. But it's hard to tell what will be and what won't be a future classic.

On a positive note....the astra burg, a good clean example is holding its value at around 10k. The more rarer it gets I have a feeling it could be a future classic hatchback...what you guys think?

Maybe but it's never going to have the cult following of the focus RS so I would say that it's got maybe to to bottom of where it's going to be but I'll doubt it'll go up in valve unless it's one that's perfect.

Last time I looks there's only 2000 VXR j registered so there's no lots of these either.

I've just looked up my previous emails from WBAC from oct last year and they valued the car @ £14250 with 5000 miles less on it.

You can read into that how you like

Lee

[Mr.Burg]

Am thinking about replacing mine with a burg maybe next year as I have always wanted one plus need the extra cash for a deposit on a house.

[StuW]

I was offered £14k for mine the other day! 13 plate with 15300miles with full leather, navi 600 upgraded to 900, infinity, aero pack, tpms and AFLs

[Jackering]

Just going to jump in and offer my 1c

My Clubsport was 22k new.

I bought it 3 months old with 400 miles on it for 14k that's some depreciation right there.


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[MRizzle]

Just going to jump in and offer my 1c

My Clubsport was 22k new.

I bought it 3 months old with 400 miles on it for 14k that's some depreciation right there.


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Crikey...makes you wonder what the previous owner got for it!!!

This depreciation is admittedly not great for people who have bought new but it makes it ridiculously good value for people buying used.

[Jackering]

Crikey...makes you wonder what the previous owner got for it!!!

This depreciation is admittedly not great for people who have bought new but it makes it ridiculously good value for people buying used.

It was ex demo!


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[PHilA]

I was offered £14k for mine the other day! 13 plate with 15300miles with full leather, navi 600 upgraded to 900, infinity, aero pack, tpms and AFLs

They would stick that up for sale at £17,500 easy.

[burge]

I can a decent low milage Astra burg been worth more than a J at the rate it's going

[RobT2233]

I've just got shot of the J for 20k and got a golf R. Love it and I know it'll hold its value.
Will keep the Corsa vxr for another 12 months

[Tom_Y2K4]

15k for a 2 year only car that was 27k new, sounds bad to me
probably why ive only ever bought one car brand new

Yet in contrast I looked at the new TT the other weekend; I can get a better deal on new than I can used because of finance rates?

It worked out that the money I would have saved on list price would have been paid to a finance company instead

[Shammy]

I've just got shot of the J for 20k and got a golf R. Love it and I know it'll hold its value.
Will keep the Corsa vxr for another 12 months

How much was the Golf R? Not a fan of VW or their cars really tbh that thing is rapid, especially when mapped!

Yet in contrast I looked at the new TT the other weekend; I can get a better deal on new than I can used because of finance rates?

It worked out that the money I would have saved on list price would have been paid to a finance company instead

Similar sort of thing with the J which is why it is depreciating so much over the first year - you're better off getting it brand new then a few months old plus the finance on top as it's 0% finance. That's what I ended up doing as well, it cost me around £1000 more to buy new than 3 months old + finance.