Depreciation dodging

[mjt]

I avoided depreciation on my e36 325i, they appear to have started appreciating slightly in recent years.

How much did you spend fixing it though?

 

[BigglesPiP]

Have you ever made a profit including the repair costs above those of a non-classic?

 

[Bennah]

R32's?

 

[Will]

R32's?

Good shout given the fanboyism surrounding any remotely 'special' Golf

 

[mattyprice4004]

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.

Possibly the worst car ever, great to potter to the shops in but anything more and you'd want to shoot yourself.

You can still get parts, and I don't think you can get any other 2004 car for £700 though.

 

[jamoor]

Bought a Clio 172 off ebay for £2700 sold it 3 months later for 3200 or so.

 

[Jonny69]

Have you ever made a profit including the repair costs above those of a non-classic?

Me? No. I've never owned a non-classic. Other than the 4 weeks I transferred my girlfriend's Scenic into my own name so I could sell it while she was away

 

[loltim]

Bought a Clio 172 off ebay for £2700 sold it 3 months later for 3200 or so.

This isn't what the OP is talking about though is it? Depreciation on ANY second hand car is going to be next to nothing in 3 months.

 

[Ricochet J]

Decent Audi Quattro's keep going up from what I've seen.

 

[nas]

ek9

 

[NickXX]

What you don't spend in depreciation, you spend in maintenance/repairs IMO.

You never win financially with cars

 

[Lashout_UK]

You can but it just involves buying and using (as you observe) carefully.

In short:

- Anything 'classic'
- Anything 'interesting'
- Anything 'rare'
- Anything that's usually shot or barried to bits
- Low mileage immaculate versions of pretty much anything with a decent badge (or important models). Specification is important here but even base spec, low mileage and clean, examples of older (let's assign an arbitrary figure of 15 years as an example) cars will sell without trouble and fetch good money.

etc.......

Alternatively, anything you get for a stupidly cheap price on the offchance. Instant win

 

[GT3]

My 106 rallye I didn't lose a penny in 18 months despite the fact I bought it with 12 months tax and test and working perfectly and it had to get picked up on a low loader because it wouldn't start. Bought for £3k, sold for £3k