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Author Topic: Car Depreciation ................  (Read 5091 times)
Fred Elliot
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« on: Wednesday, March 18, 2009, 20:55:52 »

is a cunt !


Have to sell my car as my work's car allowance scheme will not support cars that pass a certain age.

I have chosen the car I want and am negotiating the deal etc, only to be told that my motor is worth £2500 !

FFS !

I have had it for 3 years (including a year that I didnt drive !), had it serviced and new MOT, not to mention 4 new tyres

I paid well over £12k for it three years ago and I loose £10k in two years driving

Do one and fuck off economy !

There


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« Last Edit: Wednesday, March 18, 2009, 20:58:57 by Fred Elliot » Logged
oxford_fan

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« Reply #1 on: Wednesday, March 18, 2009, 20:57:10 »

what make and model is your old one? how many miles?

my car cost £260 so i'm not so concerned about depreciation. i'll probably break it before i get to sell it.
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Fred Elliot
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« Reply #2 on: Wednesday, March 18, 2009, 21:00:40 »

what make and model is your old one? how many miles?

my car cost £260 so i'm not so concerned about depreciation. i'll probably break it before i get to sell it.

 Cheesy

good shout

MG ZT

58000 miles

November 2004 (54 plate)

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oxford_fan

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« Reply #3 on: Wednesday, March 18, 2009, 21:10:11 »

One of these?

http://www.pistonheads.com/news/images/7350-100100.jpg

They look distinctly like one of these to me:

[url width=487 height=287]http://www.m-99.co.uk/Car_Bodykits/Rover_400/rover400_zenith.jpg[/url]

And remind me of these:

[url width=698 height=574]http://imcdb.org/images/028/824.jpg[/url]
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Sippo
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« Reply #4 on: Wednesday, March 18, 2009, 21:17:02 »

This is the exact reason I'm thinking of leasing...
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If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious shit...
Fred Elliot
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« Reply #5 on: Wednesday, March 18, 2009, 21:17:12 »

The top one yes

the next two definately not !

 Cheesy
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Batch
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« Reply #6 on: Wednesday, March 18, 2009, 21:19:53 »

OF, are those pics 'spot the difference'  because if so I'm struggling.


Smiley
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Chubbs

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« Reply #7 on: Thursday, March 19, 2009, 00:11:20 »

the 2nd picture is the rover 400 series (414si i think) the ZT i believe was modeled on the rover 600 or rover 75 the MG ZS is the one modeled on the 400/45 series. and the ZR on the 200 series or 25
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Lumps

« Reply #8 on: Thursday, March 19, 2009, 07:44:26 »

the 2nd picture is the rover 400 series (414si i think) the ZT i believe was modeled on the rover 600 or rover 75 the MG ZS is the one modeled on the 400/45 series. and the ZR on the 200 series or 25

They're not just "modelled on" are they. They're pretty much the same car with different trim.

The depreciation is a bastard but it can't have been helped by the manufacturer having gone tits up.
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Simon Pieman
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« Reply #9 on: Thursday, March 19, 2009, 11:49:21 »

Is it possible to part ex it? My mum's bloke got offered £2.5k for his ZR just yesterday.
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Colin Todd

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« Reply #10 on: Thursday, March 19, 2009, 11:50:43 »

Dont buy Rovers!
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Samdy Gray
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« Reply #11 on: Thursday, March 19, 2009, 12:08:52 »

Webuyanycar.com will give you £2,660.
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Simon Pieman
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« Reply #12 on: Thursday, March 19, 2009, 12:11:47 »

Dont buy Rovers!

It's not just Rovers anymore, loads of cars are depreciating at a crazy rate, although Rover/MG more so since going bust, I agree there.

Saab will be the next to go bust in all likelihood so don't buy one of those.
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Bob's Orange
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« Reply #13 on: Thursday, March 19, 2009, 12:30:00 »

I bought my car for 11,750 quid over 2 years ago. That webuyanycar values it at 6,300 quid.
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Samdy Gray
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« Reply #14 on: Thursday, March 19, 2009, 12:32:03 »

My car cost me £5000 (used) two years ago and is now worth £1500 (list price).
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