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Saw a VW Phaeton at Canary Wharf today. Surely this car will suffer world beating depreciation. To me VW means the peoples car and the badge looks silly on a luxury car.
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I too saw a silver Phaeton the other day, although i'd disagree that its badge looks silly. That's no different saying Mercedes benz badges look silly on their cars. Vw have tried to go upmarket whereas MB have gone down.
Agree with the deprceication though which is this cars achillies heel. A shame 'cos i believe it's a fine automobile. Still in a few years when the are down to bargain basement..and what a bargain! simular to early A8's now, which of course is the real reason why the Phaeton was born. Inter-house rivalry between VW and Audi.
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Do you think Imagos that bigger cars like the Phaeton, A8 or even the BMW 7-series will go down as a bargain banger catagory within less than 10 years? Especially with the new taxation laws & so on?
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Its not what you drive, its how you drive it! :-)
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Yes i do.. the higher tax you pay etc will be offset by the fact they'll be virtually worthless.
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Does that mean Ford Kas will go up in value as well as uva smaller city cars? or at least hold on?
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Its not what you drive, its how you drive it! :-)
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Does that mean Ford Kas will go up in value as well as uva smaller city cars? or at least hold on?
I'd say so, well at least hold on. Small=desirable, Cheap to run ,maintain, insure etc.
Something you couldn't say about a 10yo luxury barge,.
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Well considering a luxuary barge might be reliable in a mechanicle sense, think of the electronics that can go wrong with it, no wonder they can be caught for peanuts!
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Its not what you drive, its how you drive it! :-)
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Any car whose name conjurs up images of sub-atomic particles of excrement is going to be hard to shift :)
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Ah, the Phaeton. Bullet proof build and engineering - will be a superb bargain for second and subsequent owners.
I've a pal who buys a comparatively recent BMW 7-Series every few years and transfers his personal number plate to it.
Similar story. Top class luxury at stupidly low cost.
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When Phaetons are on the market with about 90% depreciation from their original price, I might start to get interested in a W8...
[have to see if one doesn't pass me by ;-) ]
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Ah, the Phaeton. Bullet proof build and engineering - will be a superb bargain for second and subsequent owners. I've a pal who buys a comparatively recent BMW 7-Series every few years and transfers his personal number plate to it.
Yes agreed the Phaeton is more of an engineering excellence test-bed than anything else and is definately a second-hand bargain, I would consider one, VW's relative failure could be your gain !
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Lst week I found a W12 Phaeton , 13000miles, 3years old, price?
£25,995
Another massive depreciater is the mercedes CL-Class. Then there are the usual Renault Leguna V6s and Citroen C5 V6s.
www.channel4.com/4car/used-cars/advice/best-buys-d...l
Appologies if its against the rules to link to that site.
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>>Last week I found a W12 Phaeton, 13000miles, 3years old, price? £25,995
Looks like it is still available on Autotrader plus an 03 9K for £28K which makes an 03 36K £30k seem expensive.
06 ones are £65 so that is certainly a significant depreciation from new and with that low mileage I would hope a bit of life was left in it.
With such low sales the data base of snags will be very slow to swell which could be another downside. There are many more of the lesser variants - V10 diesels and V6 petrols for sale so I would expect they have significant comminality other than the engine.
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>>06 ones are £65 >>
If only...:-((
Whether the mileage was high or low, there would be plenty of life left it it....:-))
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Seems to be retailing at three years at roughly 40% of new price. That's quite painful actually, although I wouldn't have thought a 10% discount on new would be hard to come by.
On the other hand, that's also broadly comparable with a Mercedes S500 so yes, on the one hand it's a depreciation disaster but if only for reasons of low numbers sold, it's matching the S-Class it's done as well as can reasonably be expected.
As for a 2-year-old, low milage 3.2 V6 for sub-£20k from a VW franchise - that is simply a phenomenal amount of engineering for that cash.
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The standard of production is so high at the Delft Phaeton plant that VW has been seriously considering shifting Bentley producution there.
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Shhh!!!... Savage deprieciation on a otherwise a superb car makes it the centurys best value used car. But Don't tell anyone, best keep it to ourselves.
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>>best keep it to ourselves.>>
Good advice - not many of them around.
But the new Passat has a lot of Phaeton touches.
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But the new Passat has a lot of Phaeton touches.>>
Correct, I should know. I've er.. got one.
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>>Correct, I should know. I've er.. got one.>>
You lucky man...:-)
There's a silver one parked across the road from me every so often when the owner visits a neighbour - stunning.
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This is made in the glass factory in Dresden about 1km from my house and its running at about one third capacity and there is talk about stopping the production all together and turning it over to Passats or Golfs which they can sell.
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>>There's a silver one parked across the road from me every so often when the owner visits a neighbour - stunning.>>
Saw the estate version - also in silver - this morning. Equally impressive.
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>> But the new Passat has a lot of Phaeton touches.>> Correct, I should know. I've er.. got one.
Rather like the interior of the Skoda Superb's uncanny similarity to the old Passat and Audi A6. Don't laugh - find a middle spec Superb, sit in, and you'll find it very difficult to tell the difference (except for the price).
As for small cars, the general rule now seems to be that the smaller it is, the slower it depreciates - superminis are holding on to their value better than most other volume-maker motors.
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>>Skoda Superb's uncanny similarity >>
Nothing uncanny about it except, IIRC, it has a slightly longer wheelbase.
A local taxi driver has just acquired one, probably to stand out from the hugely popular Octavias...:-)
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This is very interesting. Small cars will as they get older will actually cost more than large ones. This has been the case for a while and personally I like large cars and it suits me fine. I don,t do great mileages so the fuel difference is eroded by the cheaper purcahse price and of course larger cars last longer as the engines etc don,t work so hard. This means over the years I have had the luxury of a large car and don,t change them as often as I would the smaller ones.
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