Is It Possible For A Car To Depreciate At One Pound Per Mile
27-11-2006, 03:36 PM
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Is It Possible For A Car To Depreciate At One Pound Per Mile
As above really. 
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
27-11-2006, 03:45 PM
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Re: Is It Possible For A Car To Depreciate At One Pound Per
Originally Posted by BatFink
As above really.
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
27-11-2006, 03:52 PM
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Re: Is It Possible For A Car To Depreciate At One Pound Per
Originally Posted by RichardPON
Originally Posted by BatFink
As above really.
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
A geezer on SNET seems to think a X5 3.0 on a 54 plate does.
I know certain cars depreciate badly but surely that's taking the piss.
Also he picks me up on my spelling and grammar.
27-11-2006, 04:16 PM
#7
depends on how many miles you do.
if you buy one and drive it 4 miles home from the dealer and then park it up till its dropped in value b 20 grand then its 5 grand a mile.
If you bought one and did 100,000 miles in a year though, its not going to drop in value by 100,000
What an utterly fucking pointless stat to be trying to quote.
if you buy one and drive it 4 miles home from the dealer and then park it up till its dropped in value b 20 grand then its 5 grand a mile.
If you bought one and did 100,000 miles in a year though, its not going to drop in value by 100,000
What an utterly fucking pointless stat to be trying to quote.
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28-11-2006, 11:41 AM
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Originally Posted by Blueblaster
The car was 42k new and is now worth 25-30k. It has done 15000 miles. A roughly 15k price drop over 15000 miles works out at £1 per mile. Does that prove you wrong?
http://bbs.scoobynet.com/other-marqu...-x5-price.html
28-11-2006, 12:15 PM
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Originally Posted by Christian and Beccy
Originally Posted by BatFink
That's what I was thinking tbh Chip,Unless he was on abour Pence per mile.
28-11-2006, 12:16 PM
#14
Originally Posted by BatFink
Originally Posted by Blueblaster
The car was 42k new and is now worth 25-30k. It has done 15000 miles. A roughly 15k price drop over 15000 miles works out at £1 per mile. Does that prove you wrong?
http://bbs.scoobynet.com/other-marqu...-x5-price.html
It hasnt depreciated just cause of the milage though, its cause of the age of it too.
If it had done 7500 miles or 30,000 miles, the price would be in the 25-30 bracket still for example, showing how little the milage is directly linked.
100,000 miles on it would probably take less than 10K off the price, so the actual depreciation from the milage its safe to assume is 10p or less.
Or does he think the age is irrelevant and if you bought a brand new one and left it sat for 3 years it would still be worth exactly 42k?
28-11-2006, 01:05 PM
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definatelty ,
a bloke i work with has just bougt a C180 Kompressor , 06 Plate, 6K miles for exactly £6K less than the guy who bought it new - a guttad!!!
a bloke i work with has just bougt a C180 Kompressor , 06 Plate, 6K miles for exactly £6K less than the guy who bought it new - a guttad!!!
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