Depreciation dodging

Jonny69

Jonny69

Jonny69

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Kapitalist Republik of Surrey
Here's an interesting thought. I've always owned classic cars and as such never had a car that depreciated. They have only ever gone up in value and whatever I've spent on the car I've always managed to get back afterwards.

Spotted a comment that someone wouldn't waste their money on a Bentley whateveritwas, but at the end of the day, surely that sort of car doesn't depreciate, so you'd own it for a bit and sell it on for pretty much what you paid for it. Only costs would be petrol, insurance, tax etc.

I'm trying to remember what my point was :p

Oh yes. Lets chat about cars that you can dodge depreciation with. Anything in the real world, other than £100K Ferraris?
 
I appear to have dodged it thus far with my Golf, but prices do seem all over the place. I'm pretty sure I could get at least what I paid for it a year ago though. I also made a small profit on my Skyline, but I only owned it for 3 months.
 
I managed to dodge depreciation on the A3, bought it for 7.5k and part ex'd it for 8 a year later :)

Did get it for something of a bargain as was mid fuel price hikes and no-one wanted large engined hatches that weren't perceived to be overtly 'hot'.

You don't need to go for old super cars to dodge the deprecation, just buy something that old enough that all the value has seeped out of it so mileage / age makes no difference and really condition is all that counts. Most 80s cars that are anything special will do.

Alternatively a car that holds all its value in the tax and MOT won't depreciate...
 
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Stuff thats got so low it can't really get much lower for what it is.

A 2004 City Rover can be had for about £700 now with 30k on the clock, realistically it can't go much lower.
 
Siliconslave said:
You don't need to go for old super cars to dodge the deprecation, just buy something that old enough that all the value has seeped out of it so mileage / age makes no difference and really condition is all that counts. Most 80s cars that are anything special will do.
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I noticed there's a lot of turn of the century Astons at rock bottom prices. I can't see them getting much cheaper, surely?
 
Peerzy said:
A 2004 City Rover can be had for about £700 now with 30k on the clock, realistically it can't go much lower.
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Oh it will........it'll just end up being worth nothing. It has no inherent value :D Can you still even get bits for those?

Anything that's vaguely desirable or servicable but usually run into the floor or messed around with, if it's in untouched, unabused, condition is always a good buy too - people are always looking out for good examples of particular cars.
 
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Worthless cars like a 92 e36 surely don't count as they are at the stage where to lose any more value they would have to stop working or something.

I doubt a 100k Ferrari would not lose anything either.
 
Lashout_UK said:
Oh it will........it'll just end up being worth nothing. It has no inherent value :D Can you still even get bits for those?

Anything that's vaguely desirable or servicable but usually run into the floor or messed around with, if it's in untouched, unabused, condition is always a good buy too - people are always looking out for good examples of particular cars.
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I think so, a guy at work had one until a few weeks ago. Xpart still make stuff for it and IIRC it's just a (godawful) mish mash of other cars.
 
Decent early 996 or 993 Porsches have pretty much gone as low are they are going.
 
All very affordable: F40 / F50 / Countach / EB110, are only gaining money now, cba doing it with real world cars, i dunno Citroen DS / VW Camper.
 
DeLorean.

Step dad talks about seeing one for sale for not a great deal years ago... wishes he had bought it now :p
 
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