Astonishing depreciation on my car - Brill {P}
My car was originally almost £40k in September 1999, and I thought I might p/x for a newer model (from the same garage), they offered me £3,500 for mine!!

Even Parkers put it at between £8 and £10K Trade in.

I'll certainly be keeping mine now, until it falls bo bits, but wonder why the dealer would offer such a low price. I think it might be that it spends more time in their workshop than on the road!

Glad I got that off my chest.
Astonishing depreciation on my car - pmh
Simple - at 7 years old they do not want it!

Might be of interest if you told us what car!
--

pmh (was peter)


Astonishing depreciation on my car - psi
Profile says he drives a Volvo V70R
Astonishing depreciation on my car - nick
Would you like to let us know what car it is?
Astonishing depreciation on my car - Jonathan {p}
groups.msn.com/honestjohn/people.msnw?action=ShowP...7
Astonishing depreciation on my car - Chris S
I'll certainly be keeping mine now, until it falls bo bits,
but wonder why the dealer would offer such a low price.

Because you're a regular customer who trusts them.
Astonishing depreciation on my car - Brill {P}
Oh, lol, it's a Volvo V70R (AWD Phase III).
Astonishing depreciation on my car - Brill {P}
groups.msn.com/honestjohn/vehicles.msnw?action=Sho...4
Astonishing depreciation on my car - psi
tinyurl.com/gdfmd also, glass' guide is saying around £5-6k, although you have not specified whether yours is the 2.3 or 2.4 litre, exact year / reg., mileage, condition, any extras? probably be best selling private in any case. you could also ask around on the VOC www.volvoclub.org.uk/
Astonishing depreciation on my car - DP
Whenever I think of astonishing depreciation, I think back to when I was selling Fords back in the early 90's, and we used to get people part-exing 3-5 year old Rover 800's against Mondeos or Scorpios. I witnessed more than one person break down in tears when we told them their £25k new Sterling model was in fact, at four years old worth just £5,000 in part-ex. And these were 30,000 mile ish full historied, fully loaded Honda V6 engined minters.

Many thought we were being vindictive or nasty, or trying to rip them off, when in fact all we wanted to do was sell them a car. I forget the number of times I tried to explain that I appreciated the only way I was ever going to do business with them was to do them a deal they were comfortable with, but that was the bottom line and apart from a little haggling room it was all I could do.

Whenever I saw someone pull up in an 800, I knew that whatever I did for them, and however much they fell in love with the new car, it was all going to go belly-up at the numbers stage. It was also astonishing how many privately owned 800's were around at the time.

Cheers
DP
Astonishing depreciation on my car - Neiltoo
Not that amazing. No-one could afford to change them!

Reminds me of a friend a long time ago, who reckoned that driving a Citroen was like having herpes. You never got rid of it!

Citroen were the only people who could give you a nearly reasonable PX.
Astonishing depreciation on my car - mike hannon
I remember waiting at a Citroen dealer in southern UK to pick up a road test BX turbo diesel (what a motor!) and overhearing a telephone conversation between the sales manager and others in the trade. He was desperately trying to find someone who would take a one-year-old XM estate off his hands if he took it in part-ex while selling his trusting customer - presumably - another financial disaster.
Astonishing depreciation on my car - Buster Cambelt
That's what "Volvo for Life" means then - you're stuck with the wretched things forever.
Astonishing depreciation on my car - Westpig
i can confirm the Rover bit, albeit it was a 600, not the 800.The salesman even showed me his copy of Glass's, presumably to show me he wasn't trying to have me over.

Strange really, 'cos the Rover (which was basically a Honda) was a good car, i'd had it 5 years and the only problem over that time was a radiator which had rotted with road salt.......

but it's only worth what someone will pay for it, isn't it.
Astonishing depreciation on my car - artful dodger {P}
>>My car was originally almost £40k in September 1999, and I thought I might p/x for a newer model (from the same garage), they offered me £3,500 for mine!!

If you want a car that depreciates little then you do not buy a new car. What is the value of a all cars at the end of their life? Very little, but you started at 40K - so it feels excessive. That is one of the joys of buying a car to your exact requirements, besides being the first owner.

>>I'll certainly be keeping mine now, until it falls bo bits.

Welcome to the world of low depreciation motoring. It is unlikely that the cost to maintain your car will ever equal the first year's depreciation of a new vehicle. Whilst the car is still performing to your expectations, do not think fo replacing it. If you wanted a new replacement in a few years time you will still have save a lot of money by keeping your current car on the road.


--
Roger
I read frequently, but only post when I have something useful to say.
Astonishing depreciation on my car - TheOilBurner
It seems to me too, that approx. £5000 a year depreciation is far from shocking. Seems about par for the course for an expensive mid-prestige motor.

What's really scary is it probably lost the vast majority of that £37K in the first three years, changing it then would have *really* hurt...
Astonishing depreciation on my car - Collos25
Nobody really paid 40k for one in 99 ,looking through my old mags (only dirty with oil) they could be bought fully loaded at well under 30k they may have a RRP of 40k.
Astonishing depreciation on my car - bell boy
the best depreciation was on old lada riva"s you could buy these for £4 grand and then they were worth nowt ,unless you chopped it in for another lardyda,ive known many people up here in yorkshire that argued i was wrong because the lada dealer gave them such a good trade in but they couldnt see they were on the treadmill and couldnt get off.........
They moved on to skoda felicias when the wall came down but thats another story
Astonishing depreciation on my car - Collos25
I think FSO were even worse
Astonishing depreciation on my car - tr7v8
the best depreciation was on old lada riva"s you could buy
these for £4 grand and then they were worth nowt ,unless
you chopped it in for another lardyda,ive known many people up
here in yorkshire that argued i was wrong because the lada
dealer gave them such a good trade in but they couldnt
see they were on the treadmill and couldnt get off.........
They moved on to skoda felicias when the wall came down
but thats another story

I brought one in 86 for £ 4,500 it was pensioned off in 97 with 120K miles on the clock, had been used as a builders lorry, carried paving slabs, towed all manner of things. Had standard servicing, cheap to run & most bits were cheap, we were more than happy!
Astonishing depreciation on my car - Bill Payer
the best depreciation was on old lada riva"s you could buy
these for £4 grand and then they were worth nowt ,

So your maximum possible loss if £4K. Probably unbeatable on all but a very very few vehicles.
Astonishing depreciation on my car - jase1
the best depreciation was on old lada riva"s you could buy
these for £4 grand and then they were worth nowt ,unless
you chopped it in for another lardyda,ive known many people up
here in yorkshire that argued i was wrong because the lada
dealer gave them such a good trade in but they couldnt
see they were on the treadmill and couldnt get off.........
They moved on to skoda felicias when the wall came down
but thats another story


Which is pretty much where Proton are now.

I pity anyone who buys one of these cars brand-new, but at the prices you can get them for second-hand I've often been tempted as a shot to nothing. They make Hyundais look like VWs for depreciation -- I've seen 2-year-old examples selling for 2 grand, and I bet you'd be able to make an offer to the seller of £1500 and get it accepted as well.

Crazy, especially given that they're just Mitsubishi Colt/Lancers under the skin anyway, which are decent cars. £1500 for probably 8-10 years of reasonable trouble-free motoring? Beats a 9-year-old Polo any day for me. OK so they're rubbish to drive, but give one over to the missus as a runaround, she won't be able to tell the difference. And I drove a "Wira" briefly as a loan car at a garage, and have to say that it was no different to any other slightly bland early-90s Japanesey car.
Astonishing depreciation on my car - Gromit {P}
Odds are this V70 is only half way through its life anyway, so hang on to it and enjoy the saving. What's more, Volvo estates don't change much between models, age gracefully, and the car-by-car-breakdown suggests the OP's V70 drives better than the model that replaced it.

Even run that Volvo to 12 years old and it'll have cost you £3,300 a year. All told, not a bad deal. OTOH, had I spent £40,000 on something programmed to fall apart at 8 years old (I'm thinking of Gromit Snr's Rover 2000 - but I'm sure there are other culprits!) I'd be peeved!

- Gromit
Astonishing depreciation on my car - Brill {P}
"I think FSO were even worse"

My father had one...it obviously runs in the family!
Astonishing depreciation on my car - Lounge Lizard
In the mid 80s I bought a brand new Kawasaki GPZ900R (then the fastest production motorcycle in history, so I believed) for 3200 pounds.

I sold it nearly two years later for 2950 pounds: and that was to a Honda main dealer for CASH!

Admittently, I'd only done a few thousand miles on high days and holidays, but I'd dropped it a couple of times and didn't spend that much time polishing it.

I'm still amazed at this apparent lack of depreciation of less than 10% from brand new in 2 years.
Maybe due to currency fluctuations I s'pose, or for some reason Kawasaki put their new prices up.


Astonishing depreciation on my car - Westpig
i bought a bike off my mate 5 years ago (Honda Blackbird) and it's depeciated £100 per year,

however the car, bought the same month, second hand from a dealer (Jag S Type) has depreciated £3,600 per year

ho hum it's only money
Astonishing depreciation on my car - cheddar
Depreciation on bikes flattens off amazingly compared to cars, a five year old bike may be worth £3000, a similar ten year old one £2500 and a 15 year old one £2000, that is if it isn't a classic and has not started to appreciate!

I have had bikes of various ages over the years however my current one is nine years old, just a year older than the wife's car, the car would have cost about £12000 new and is worth around £2000 at most, the bike would have cost around £6000 new and is worth around £2500.


Astonishing depreciation on my car - DP
They also don't seem to have the savage initial depreciation of a car. A local dealer was this weekend selling a 4 month old, 1,600 mile Suzuki GSX-R600 for £450 less than a brand spanking new one.

Seems crazy - I mean which would you go for?

Cheers
DP

Astonishing depreciation on my car - DP
Bikes are so much cheaper to own than cars in terms of depreciation. I reckon I've "lost" about £500 on my ZZR in four years, excluding maintenance and upkeep of course.

Cheers
DP
Astonishing depreciation on my car - Aprilia
V70's are no desirable. You don't give mileage and condition, but £3.5k seems a little mean - although they certainly pop up at auction at £4.5k. No way is it worth £8-10k though.
Astonishing depreciation on my car - rhino
We took a decision a couple of years ago to buy a car that would see three kids from now through to early teens. A new XC90 arrived, and we intend to keep it for at least ten years.

I can stomach the depreciation when we eventually come to change it, as the car will have been well and truly used, starship mileage but we'll have got our money's worth.

Some neighbours of ours change both their cars at the two year mark. Dealers must love them.....

Astonishing depreciation on my car - Lud
Bangernomics. March 2004, £250 purchase price, around £450 on bits and pieces, still sound and legal. No depreciation whatsoever. Probably fetch £250 now with a bit of a polish, but can't be bothered to make it pretty and can't afford to change it for no good reason.

Not very grand, a dirty white early 90s Escort estate, but perfectly serviceable.
Astonishing depreciation on my car - barchettaman
Bought the Barchetta Oct 2004 for ?3600.
Sold the Barchetta Sep 2006 for ?3500.

Did spend a few ?? on it in those two years though on unnecessary bits ´n´bobs though.
Astonishing depreciation on my car - nick62
Brought a 13 year-old Honda CB1100R in 1993 for £1,500.00., (was about £3,700.00 new in 1980, which was alot of money for a bike then). Spent about £500 on "bits and bobs" over the next 11 years and sold it for £2,500.00 in 2004.
Astonishing depreciation on my car - machika
My car was originally almost £40k in September 1999, and I
thought I might p/x for a newer model (from the same
garage), they offered me £3,500 for mine!!


Did you really pay nearly £40K for it?
Astonishing depreciation on my car - Brill {P}
5th amendment.
Astonishing depreciation on my car - rtj70
Must have had a few extras then which do not always boost resale value. Some might even make it worth less. Too much to go wrong.

Sorry to hear it's plummeted so much in value but I cannot believe it's worth only £3500. Got to be worth a fair bit more than that in a private sale. Dealer obviously doesn't want it as a PX and therefore the low price.
Astonishing depreciation on my car - rtj70
Were you trading in with the private V70 prefix plate? That's worth something too.
Astonishing depreciation on my car - drbe
I am old enough (yes, honest) to remember, when, under that nice Mr Wilson, inflation was so massive, that the dealer offered me more for my second hand car than I had paid for it new!

Of course he didn't catch me like that, I soon knocked him down!
Astonishing depreciation on my car - Westpig
it gets to a point though, where you either have to trade something in fairly sharpish, accept whatever the hit is, but it's still worth enough to put to the next one........or......... accept that you're going to keep it for quite a while, because the trade in won't be worth all that much and it would cost you shed loads to get a new one

fortunately my car has nothing wrong with it and i quite like it, but i'd weep if i had to go and buy another one, it would cost an arm and a leg
Astonishing depreciation on my car - ndbw
Try sailing as a hobby,I bought a 1982 I Westerly Konsort for £20000 in 1985 and sold it for £25000 in 1995,no big extras purchased just kept clean and well maintained.

ndbw
Astonishing depreciation on my car - Aprilia
Yes, I once had a boat that I kept for 5 years and sold for £2500 more than I paid for it - mind you I did spend £1k on improvements. Boats really seem to hold their value, as do most sports cars.
Astonishing depreciation on my car - BobbyG
In the auction report to the right a Vel Satis went for £4600! OK it had 100k miles and the problematic 2.2dci engine but that is a lot of car for the money considering its age.
Astonishing depreciation on my car - Paul I
In 1977 my dad brought a Datsun Estate which was totally wrong for his business, three months later he part ex it for a Ford Granda and got £260 more than he paid foir it as Datsun had had a huge rise in the rrp and the nearly new car was attractive to the dealer group he got it from
Astonishing depreciation on my car - jase1
In 1977 my dad brought a Datsun Estate which was totally
wrong for his business, three months later he part ex it
for a Ford Granda and got £260 more than he paid
foir it as Datsun had had a huge rise in the
rrp and the nearly new car was attractive to the dealer
group he got it from


Daewoo owners around 2002 had a similar experience -- the old Nexias and Esperos had depreciated to a hideous extent when Daewoo went bust, so 5 year old £10000 cars were worth £300. After Daewoo got back on their feet, the values shot up -- still low, about £1200-1500 but still, a few people who bought at the £300 will have made a killing.
Astonishing depreciation on my car - jase1
I nearly bought one of those £8500 Nissan Primeras last Christmas but pulled out at the last minute; I often wonder what I would have got back on that car at 6 months old on a private sale, since 2yo Primeras routinely sell around these parts for nine grand.
Astonishing depreciation on my car - MichaelR
Your loss, but next owners gain. Play the game right and you can do really well.

4 and a half years ago, the original owner of my car handed over £33,615. Last weekend, I took it away in exchange for a rather nice 4 figure sum. Touch wood and huge faliures excepted, I intend to keep it for 5 years (or until I can afford an M5, so probably longer) - it's still the same car it was 4.5 years ago (infact remarkably its still in probably exactly the same condition it was 3.5-4 years ago!), but... considerably less.

Don't buy new, buy used!
Astonishing depreciation on my car - type's'
>>Don't buy new, buy used!<<

Or buy a Honda Jazz if you want to be protected from astonishing depreciation.
Aren't they supposed to be one of the least depreciators on the market - oh and Mini's

Ok - your right - buy used !
Astonishing depreciation on my car - JH
Paul
but in the late 70s inflation was so bad stories like that were typical. I sold a 76 Escort, bought 6 months old, 2 years later for the price I paid for it, about £1,700 if I remember rightly.
JH
Astonishing depreciation on my car - audiaudi
A Ford Ka in red bought for 5k brand new five years ago with a three year warranty, tax and AA cover for the first year, plus one servie at 115 quid - sold for 3900 to the first person that came to see it - sold via a free paper - the car had 16k on the clock and looked new and no accidents. That's what my colleauge told me in August as she got her brand new ka with the usual abs/pas for 5k and hoping to drive it for 3 years and sell just before the end of the warranty of 3k - beat that.
Astonishing depreciation on my car - midlifecrisis
Some nice stories in this thread. Can't match them myself. If I thought about the amount of money I've lost in depreciation over the last 20 years, I'd throw myself under a train!!!

(Probably could've gone some way to paying off my mortgage)

Still get the itch every eighteen months though. I'm just better able to resist it these days.
Astonishing depreciation on my car - barchettaman
.......or until I can afford an M5, so probably longer......

Don´t think it´ll be worth much in 2040, Michael ;-)
Astonishing depreciation on my car - type's'
I'm glad it's not just me then midlife.
Astonishing depreciation on my car - prm72
Some nice stories in this thread. Can't match them myself. If
I thought about the amount of money I've lost in depreciation
over the last 20 years, I'd throw myself under a train!!!
(Probably could've gone some way to paying off my mortgage)
Still get the itch every eighteen months though. I'm just better
able to resist it these days.

Not mine please! ( Bakerloo Line )
Astonishing depreciation on my car - Shaz {p}
Bought a Granada ghia xi auto (2.0 DOHC) '90 model in 1995 - cost £2700 in 1995. Normal maintenance - had 57000 on the clock (unsure if it was clocked) - good condition - kept for about 7 years - written off in 2002 got paid £1400 by the insurance. Only did about 40000 in that time.

Nice comfy cruiser.
Astonishing depreciation on my car - Gromit {P}
MichaelR: "Don't buy new, buy used!"

Shhh! Don't tell them that, or they'll all cop on and you'll end up paying Irish used-car prices :-)

Oh, and for those of you who've been reading of depreciation-proof boats, think twice before you all go in search of a copy of Practical Boat Owner! Just as there are well built cars and not-so-well built cars, there are well-found boats that hold their value (Westerleys certainly fall in this category) and not-so-well-built boats (often intended for the charter trade) where, in at least one case, you'd need to take an angle grinder to the transom in order to do a major service on the engine at five years old.

So, just like cars, choose carefully!
Astonishing depreciation on my car - Chad.R
Of the several used cars I've had over the years, 2 stand out;

A VW Scirocco I bought of a friend for £1700 which I sold to some Sloanie from Wandsworth for £2.2k 3 years later and my Omega Elite which I bought off eBay for (IIRC) £2.3k and sold again on eBay for £1.2k 4 years later. Though I did spend quite a bit on the Omega, it was still relatively cheap motoring. Wish I'd kept it now.

Astonishing depreciation on my car - CJay{P}
Of the several used cars I've had over the years, 2
stand out;
A VW Scirocco I bought of a friend for £1700 which
I sold to some Sloanie from Wandsworth for £2.2k 3 years
later and my Omega Elite which I bought off eBay for
(IIRC) £2.3k and sold again on eBay for £1.2k 4 years
later. Though I did spend quite a bit on the Omega,
it was still relatively cheap motoring. Wish I'd kept it now.

You bought a car on eBay 4 full years ago.. you must have been one of the eBay pioneers....:)
Astonishing depreciation on my car - glowplug
40K for a car! I can barely breathe after reading that. That's half my mortgage....

I only thought superstars and millionaires paid that for a car. Still for all I know you could be..

---
Xantia HDi.

Buy a Citroen and get to know the local GSF staff better...
Astonishing depreciation on my car - jase1
I only thought superstars and millionaires paid that for a car.
Still for all I know you could be..


Yeah I thought the same thing. Still, I won't spend more than 3 grand on a car, a car is a tool to get you from A to B, not some expensive status statement IMO. I spent more on my TV than my last-but-one car, because it gets more use!
Astonishing depreciation on my car - Westpig

Yeah I thought the same thing. Still, I won't spend more
than 3 grand on a car, a car is a tool
to get you from A to B, not some expensive status
statement IMO. I spent more on my TV than my last-but-one
car, because it gets more use!

>>
i would never spend that on a t.v......... a t.v. is a tool to allow you to watch t.v. not some expensive status statement IMO

you spend your hard earned dosh on a telly and good luck to you,although it wouldn't be my priority....

i spent a considerable amount on a car.......... it had nothing to do with what the neighbours thought or the chap in the next lane in traffic.... it was because i wanted a nice car........with a load of decent kit in it

i might think your car is a shed, but does it matter

you would probably think my telly is a shed and does that matter...........NO to both
Astonishing depreciation on my car - jase1
i would never spend that on a t.v......... a t.v. is
a tool to allow you to watch t.v. not some expensive
status statement IMO


You don't know how much I spent on the TV!! It was "only" £800, problem was I only spent £700 on the car in question, so yes it was/is (I still have it 4 years later) a shed lol.
i spent a considerable amount on a car.......... it had nothing
to do with what the neighbours thought or the chap in
the next lane in traffic.... it was because i wanted a
nice car........with a load of decent kit in it


Well that's fine but 40 grand? You have to be rich to even contemplate it.
Astonishing depreciation on my car - Dalglish
..I only thought superstars and millionaires paid that for a car. Still for all I know you could be.. ..

>>

glowplug - billionaires who become billionaires through enterprise (as opposed to millionaires who become millionaires by kicking a football around) drive old cars. see

www.forbesautos.com/advice/toptens/billionaire2006...o

The cars and trucks driven by those in the Top 10 of the 2006 Forbes list was, in short, shocking. You won?t find a Bugatti, Ferrari or BMW driven by these billionaires. But you will find a Lincoln, a Mazda, even a Dodge and a Ford. It seems that for the super-rich, a vehicle is seen not as a status symbol, but as a means to an end in which to get from point A to point B. Status is something that these billionaires need not prove to others. In many cases, the people on our list prefer to live inconspicuously, avoiding the limelight at all costs. This might explain why many of their vehicles cost less than your own daily driver.


the world's richest man (bill gates) - Microsoft founder, philanthropist and self-proclaimed ?nerd? William Gates III vents his software stress behind the wheel of two Porsches. His daily driver, a 1999 Porsche 911 Convertible .... and his other favorite Porsche: a rare (1 of 230) 1988 Porsche 959 Coupe

the world's 2nd richest man (warren buffet) - With a license plate that reads ?THRIFTY,? it could belong to no other than billionaire investor Warren Buffett. The car behind the license plate is also relatively thrifty: a 2001 Lincoln Town Car Signature Series
Astonishing depreciation on my car - midlifecrisis
As well as loosing thousands on depreciation, I also own a 50" lcd tv.

Guess I'm a glutton for punishment! :)
Astonishing depreciation on my car - Sprice
You bought a car on eBay 4 full years ago.. you
must have been one of the eBay pioneers....:)



eBay has been around at least 10 years, and unfortunately, too many people buy and sell cars on it so less bargains to be had!
Astonishing depreciation on my car - Chad.R
You bought a car on eBay 4 full years ago.. you
must have been one of the eBay pioneers....:)


Yes, bought the Omega off the 'bay in May 2002. So almost 4.5 years ago now!

Though going through my records, I sold it in June 2005, so it was more like....
Omega Elite which I bought off eBay for (IIRC) £2.3k and sold again on eBay for £1.2k 3 years later.
Astonishing depreciation on my car - Cliff Pope
I am really grateful for to people who are so willing to spend money on new quality cars, keep them for me, serviced and and in good running order, until the day comes when I am ready to take delivery. One day the £40,000 car will be mine for £400. Please let me know when it becomes available.

I would also like to thank Mr X, who bought a Triumph Roadster new in 1947 for a collosal £1,000, so that I could buy it in 1967 for £40. Or Mr Y, who paid perhaps £10,000 for a Volvo in 1989 and then gave it to me in 2003 for £100.

Or you could cut out the dealers and middlemen and just give me the £40,000 straight away.
Astonishing depreciation on my car - Westpig
horses for courses isn't it.........i'm not at all 'hands on' in the slightest and have absolutely no patience... so over the years have accepted i'll have to earn enough to have something new enough to be reliable etc

then after a weary divorce and all the hassle that goes with that........thought........sod it, i can't take it with me, no one knows what's around the corner, so i'll have something nice...... and ever since childhood had dreamed of having a Jaguar.....

it was too easy to put off the dream, i.e too expensive to buy, depreciation, running costs etc... but then i'd have never realised it........

house being paid for via mortgage and pension scheme being paid for.........so although wasteful perhaps, not as bad as it could be

took me 3 months to have the guts to splash the money out........ but 4.5 years later, now that it's only worth about 6-7 grand, do i have any regrets......honestly......

none whatsoever.......... i still get a warm glow when i hop in it..........have no idea how i'm going to renew it eventually, but that's another story.........the pleasure it has given me is immeasurable

my sister wastes her money on horses..........wouldn't be for me, but up to her, if it pleases her and the kids
Astonishing depreciation on my car - MVP
A new car is like a suit.

You hope it looks good and wears well, but at the end of the day it's pretty much worthless once you've been round the block in it.
Astonishing depreciation on my car - Mapmaker
I've often spent more on a suit than on a car. And my dining table cost me more than all the cars I've bought in my life put together.

I've spent more on a case of wine than the car I bought at about the same time. You can go a long way in a £200 Polo. A bottle of '55 Latour offers more pleasure, but for rather less time.

Funny old world.
Astonishing depreciation on my car - Mapmaker
And I would add that my £400 W123 MB gave me more pleasure than any other car, until (as DavidHM kindly reminded us last week) it was pinched by some toerag.

If I wanted a Jaguar, I'd take a budget of £500 to eBay. It might only last a fortnight, but you could buy seven like that a year for the price of your £3,500 pa depreciation, and they wouldn't all disintegrate that quickly.
Astonishing depreciation on my car - Lud
Interesting theory Mapmaker, but seven clapped Jags in a year sound a bit tiring... you might get a dignified geriatric that would trundle agreeably around for a while but you'd have to wade through several whited sepulchres to get there, unless very lucky.
 

Ask Honest John

Value my car