C6 Epic Depreciation

Dr Who

Dr Who

Dr Who

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Seeing an old episode of Top Gear on Dave this evening it was the one with the C6, I thought to myself, those will be cheap soon, but when I looked at prices now, it reminded me more of the TG episode with the Alfa 166.

Cheapest of them now is £39500, yet 1 year old they are £14900, that is epic depreciation.

Is there any other car that depreciates at that percentage?
 
I beleive maybachs depreciate at around £300 per day, not that owners probably care. Not as bad percentage wise as the C6 but its over £100k in the 1st year. That is horrific depreciation on the C6 though!
 
mjt said:
renault vel satis will be the same, if you can find any :p
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Even more so the Avantime, again if you can find one of the 3 they sold :p

Edit - £4495 for a fully loaded 52 plate 3.0 V6 from a dealer.

Edit 2 - Actually the Vel Sati (plural?) are cheaper. Theres 19 of them on autotrader though, only 1 Avantime.
 
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i quite like the avantime. i'd never consider it because it's not at all what i currently want from a car, but as a piece of metal i think its great :D
 
mjt said:
i quite like the avantime. i'd never consider it because it's not at all what i currently want from a car, but as a piece of metal i think its great :D
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I liked them as well, i think ive seen one on the roads since they were released, looks like a sporty mpv coupe :) If i could find a stupidly cheap one id be happy to pootle around in french luxury for a year or so.
 
Bear in mind that the RRP on French cars is much greater than the actual sale price, so RRP to year 1 depreciation always seems much worse, relatively, than it actually is (though it's still pretty bad).

The C6, for example, is sold new for about £5000 below list, whereas a top Skoda Superb or a BMW 5 or an E-Class will be sold at between £0k and £2k below.
 
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PMKeates said:
Bear in mind that the RRP on French cars is much greater than the actual sale price, so RRP to year 1 depreciation always seems much worse, relatively, than it actually is (though it's still pretty bad).

The C6, for example, is sold new for about £5000 below list, whereas a top Skoda Superb or a BMW 5 or an E-Class will be sold at between £0k and £2k below.
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Agreed, however how many 5 series are sold without having several K's worth of extras added? Take that into account and I'd expect those depreciation figures to look a lot worse.


Ref the C6, I quite fancy one of those. Serious waftability. Give it another couple of years and they'll be even cheaper.
 
Amazing bargain at £15k. I tried to convince my Dad into one but even at £15k liking them and actually owning and running one for best part of 10 years is another matter.

The depreciation seems so bad as they were unrealisitically priced new. If they started at 25k up to 35k for the top model they might have actually sold some.
 
Mr_Sukebe said:
Ref the C6, I quite fancy one of those. Serious waftability. Give it another couple of years and they'll be even cheaper.
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I was thinking the same thing tbh...

Make a nice mileage eater for very little money, and made sub-zero on the cool wall :D
 
Mr_Sukebe said:
Agreed, however how many 5 series are sold without having several K's worth of extras added? Take that into account and I'd expect those depreciation figures to look a lot worse.
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You'd be surprised, especially with the 5. As an example, BMW are predicting the F10 will sell 70% fleet, 90% diesel and overall 50% the 520d. These are all going to be more or less boggo models, and it's practically the same if you look at the E60.

Either way, the popular optionals do increase residuals and used prices; things like leather and navigation on a 5 can add noticeable value.

The trouble with the situation is that if you take the RRP someone pays for a C6 and the RRP someone pays for an equivalent 5 with decent options, the price becomes so far apart they're almost invalid comparisons. The C6 is difficult to find competitors for as it's a relatively cheap "luxury" car.

I've been in a C6 and I wasn't that impressed. I personally think it's a quirky, but otherwise bad looking car, build quality only "good" because it's brethren are poor, interior design that is.. quirky. I'm being polite! Maybe I'm just being a snob, but I couldn't bring myself to like the C6. Ermm, the rear seating area is quite spacious? So, a good deal if they're cheap, otherwise, they aren't.
 
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PMKeates said:
I've been in a C6 and I wasn't that impressed. I personally think it's a quirky, but otherwise bad looking car, build quality only "good" because it's brethren are poor, interior design that is.. quirky. I'm being polite! Maybe I'm just being a snob, but I couldn't bring myself to like the C6. Ermm, the rear seating area is quite spacious? So, a good deal if they're cheap, otherwise, they aren't.
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The whole point is that the C6 offers the sort of ride quality you will not find anywhere else this side of a Rolls Royce Phantom.
 
[TW]Fox;15522592 said:
The whole point is that the C6 offers the sort of ride quality you will not find anywhere else this side of a Rolls Royce Phantom.
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The trouble is that no-one wants a car with fantastic ride quality when the rest of the car is a relative turd - our roads aren't that bad. It would be like fitting a B&O sound system to an Avensis. Sure the audiophiles would buy it, but who else will appreciate the difference on an otherwise average car?

This is all evidenced by the fact they have barely managed to shift more than 700 of them. If it would've had identical ride quality to an E-Class, I'd wager it'd have been just as successful (or not, as the case may be).
 
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The rest of the car isn't a turd. The C6's problem is that it doesn't say Mercedes, BMW or Audi on it, not that it is a turd. Because it isn't.
 
Err, yes it is? As you know i do a bit of work for PSA so have had the displeasure of sniffing around a few C6's. They are big and have a very good suspension system, but are still a PSA product when you climb into them - ie the quality is just not there.

Can totally see why they are worth buttons, i cannot think of any reason to own one other than if it was an OMG bargain.
 
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