Quote:
Originally Posted by thescouselander
What would you consider to be a reasonable amount of depreciation? My last car retained about 48% of its value over nearly 4 years. I don't think that's too bad really.
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What's the model? Theoretical, or obtained as a trade-in?
My car had lost at least 40% from list in a year and 6k miles, for me to be able to buy at 40% off list. Loaded BMW's drop like a stone.
My observation, best retained value is in the cheaper BMW's and near to base spec models.
Lowest depreciation per mile I've ever come across, was a friend with a Fiat Panda. Bought it new for £6k and traded for £3k at 3-years, with 60k miles, against another small Fiat.
Five pence per mile.