Ask Honest John

Most recently answered depreciation questions
When do you think second hand prices of petrol and diesel cars will get back to the historical norm when a car lost 50% of its value in the first three years?
I have - and am delighted with - a 2019 SEAT Ibiza FR 115. I took out the extended 5 year warranty and am now torn between selling at the turn of the year when I assume the six months or so remaining...
I bought a Toyota Aygo from a Toyota dealer in mid January 2022 for £12,800 and now in June it is valued at £9500. Is it legal to obviously overcharge for a secondhand car?
What’s a fair depreciation charge per mile when returning a secondhand car to the sales garage? I bought a 10-year-old Skoda with 78,000 miles but, after 6 weeks, it was obvious that the engine was shot...
I bought a new diesel car in 2017 before retiring. Now we're in lockdown and can't afford to upgrade. I do low mileage and the car has depreciated dramatically. What do I do?
Can you suggest a reliable SUV under £9000 that will hold its value over 5 years? I live in Bristol so was leaning towards petrol.
Could you please tell me if the new Toyota Camry is selling well in the UK? I know they have only bought a limited number into the UK, but I haven’t actually seen one on the open road. I have had a test...
I recently bought a new car. I'm not sure why I did not consider nearly-new, cheaper cars, but with Covid-19 and showrooms closed, I bought new. Now I could be out of a job. I own the car (with a personal...
I'm considering leasing a Ford Mustang and wish to understand the pros and cons of this idea.
Is it possible to predict how rapidly a car will depreciate? I have a 2014 Mercedes C-Class Estate, which I bought when it was a year old. It had already lost about £10,000 of its original value at that...