Not a Porsche in sight on either list

Fastest depreciating cars and biggest depreciating cars...

http://www.autoexpress.co.uk/best-c...etter&utm_medium=email&utm_source=newsletter#

That's about the only Top 10 list that any of those cars will ever get on to. :grin:

NB: The bottom of the page links to the top 10 slowest depreciating cars and the Macan and Cayenne both make that.

Funny list as its based on CAP's predictions. Does that not make them a bit of a self fulfilling prophesy?

One that intrigues me is the Tesla Model S. As an EV it should be dropping like a stone but they seem to be holding up well.

Wife's PCP was to finish next month...Kuga Titanium X Sport powershift

£34,000 list (purchased through Drive the Deal for £28k)
GMFV £18,120 9k miles per year

done 24k in 2 years (got that one wrong)

Took it all over the place, all we could get was £17k :eh!:

Dealer we bought it off said if we put in £2k we could have one of the 3 new ones (Kuga Sport) he had in stock.

Asked about a Focus ST estate diesel powershift and he told us we would need 10% deposit!!!

Got quotes from Drive the Deal for Seat Cupra 290 estate and a Volvo V60 D4 Sportwagen
Seat GMFV was only 35% after 2 years :wtf:
Volvo was 40%

Local Ford garage said if we wanted a new Kuga it would cost us an extra £250 per month :floor: :floor: :floor:

We have returned the Kuga (it was a nice car, but we do not need depreciation like that)

So we took a different approach. Bought the Jaguar dealers' managers' 10 month old XF 2.2 diesel Sportbrake Special Edition Black. So we'll see how we get along with that.

Talking to the Ford dealers' manager on handing it back, he said they are selling so many new cars that the second hand values have plummeted because the payments for HP on a used car are more expensive than a PCP on a new one.

All Fords and Seat's depreciate like stone's. That's why it's better to have them on PCP's, as you can ,and do, hand the things back after the 2 or 3 year term. The Ford business model isn't great, as once the used car market is saturated with cars, then the dealers won't want any more px's, resulting in less desire to do good deals on new ones. Also, the residual value's drop even further due to the over supply of used ones clogging up dealers forecourts, making the new cars more expensive as the GFV's drop too.
Flooding the market with cheap new cars always ends in tears at some stage down the line. Also, it tends to make customers change brand, as they just hand back brand A, and buy a new brand B car.
Ideally, manufacturers want cars that retain a sensible level of value over their cycle, then customers are more likely and more able to simply trade in their old one for a nice new one without having to throw much , if any, money at it. This makes for happy customers, happy dealers, and happy manufacturers. Not difficult, but most manufacturers struggle to manage this concept.

Shurv said:

All Fords and Seat's depreciate like stone's. That's why it's better to have them on PCP's, as you can ,and do, hand the things back after the 2 or 3 year term. The Ford business model isn't great, as once the used car market is saturated with cars, then the dealers won't want any more px's, resulting in less desire to do good deals on new ones. Also, the residual value's drop even further due to the over supply of used ones clogging up dealers forecourts, making the new cars more expensive as the GFV's drop too.
Flooding the market with cheap new cars always ends in tears at some stage down the line. Also, it tends to make customers change brand, as they just hand back brand A, and buy a new brand B car.
Ideally, manufacturers want cars that retain a sensible level of value over their cycle, then customers are more likely and more able to simply trade in their old one for a nice new one without having to throw much , if any, money at it. This makes for happy customers, happy dealers, and happy manufacturers. Not difficult, but most manufacturers struggle to manage this concept.

Click to expand...

I thought Ford would have tried a bit harder to keep our custom. I got the impression the salesman couldn't give a f**k.

I was quite surprised with the quote for the Volvo though, as I would class them as a premium brand.

List price of the V60 Sportwagen after I had "spec'd" it was £38k. "Drive the Deal" had a dealer who would sell it for £28k but were quoting a GMFV of only £14k.

Before Xmas I had a quote from them for a £37k Merc C Class AMG premium estate for £29k and it had a high GMFV with monthly payments of £410. Sadly, that deal disappeared as the quote we received recently put the car at £2k more.

The strategy with the Jag is that we have avoided the 20%VAT. We are paying VAT on the profit, whatever that amount is as we are not privy to that info.
The GMFV is much lower that the 4 year old used prices at the moment but you can never predict what will happen in the next few years.
Last time I had a Jag (XJS V12HE) a petrol crisis hit and you couldn't give them away.

I have to say that I have been impressed with Jag's customer service. On collection of the car, they presented the wife with flowers and the manager of the dealership was introduced and he thanked us for our purchase.

I've cut and pasted some offers that you can get for new cars at the moment.




Don't miss out – DEALERS CAN STOP ACCEPTING MORE ORDERS AT THESE DISCOUNTS ANYTIME AND WILL REDUCE THEIR DISCOUNTS WHEN THEY HAVE ENOUGH ORDERS FOR MARCH DELIVERY Deal of the Month Ford Fiesta 1.0 [100 PS] EcoBoost Zetec 5dr* Just £11,318 Save 24.25% Sa

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Don't miss out – DEALERS CAN STOP ACCEPTING MORE ORDERS AT THESE DISCOUNTS ANYTIME
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Audi S3 TFSi Quattro 5dr S Tronic [Nav]* £28,795 Save 13.75%
Audi Q3 1.4T FSi SE 5dr* £22,495 Save 12.75%
Audi A4 Avant 2.0 TDi 190 Quattro S Line 5dr S Tronic* £30,907 Save 16.5%
Audi A5 Sportback 2.0 TDi 190 S Line 5dr Multitronic [Nav] [5 Seat]* £28,154 Save 21%
Audi A6 Saloon 2.0 TDi Ultra S Line 4dr* £26,935 Save 23%
Audi A7 Sportback 3.0 TDi Ultra SE Executive 5dr S Tronic* £32,995 Save 29.5%
Audi Q7 3.0 TDi Quattro S Line 5dr Tip Auto* £46,878 Save 13%
Audi A8 3.0 TDi 262 Quattro SE 4dr Tip Auto* £41,168 Save 32%
Citroen C3 Picasso 1.2 PureTech Platinum 5dr £10,882 Save 37.75%
Fiat 500 Hatch 0.9 TwinAir 105 Lounge 3dr* £12,399 Save 14.5%
Ford Fiesta 1.0 [100PS] EcoBoost Titanium X 5dr* £13,208 Save 23%
Ford Fiesta 1.6 EcoBoost ST 3dr* £13,657 Save 22.5%
Ford Focus Hatch 1.0 EcoBoost 125 Titanium Navigation 5dr* £15,378 Save 26.5%
Ford Focus Hatch 2.0T EcoBoost ST-3 Navigation 5dr* £22,280 Save 16.75%
Ford S-Max 2.0 EcoBoost Titanium Sport 5dr Auto £27,864 Save 12.25%
Honda Civic 1.6 i-DTEC Sport 5dr (new model)* £16,881 Save 21%
Honda HR-V 1.6 i-DTEC SE 5dr (new model)* £20,555 Save 8.75%
Honda CR-V 1.6 i-DTEC 160 EX 5dr Auto (new model)* £27,638 Save 20.75%
Hyundai i10 1.2 Premium 5dr* £9,949 Save 12.5%
Hyundai Tucson 2.0 CRDi Premium 5dr Auto (new model)* £26,332 Save 12%
Jaguar XE 2.0d [180] R-Sport 4dr Auto (new model)* £30,424 Save 12.75%
Jaguar XF 3.0d V6 S 4dr Auto (new model)* £44,218 Save 11.5%
Jeep Renegade 2.0 Multijet Limited 5dr 4WD with 0% APR finance* £22,523 Save 13.5%
Mazda 2 1.5 Sport Nav 5dr with 0% APR finance* £13,271 Save 14%
Mazda MX-5 Convertible 1.5 Sport 2dr (new model) with 0% APR finance £19,709 Save 9.5%
Mazda CX-3 2.0 Sport Nav 5dr (new model)* £16,811 Save 17.75%
Mazda CX-5 2.2d [175] Sport Nav 5dr AWD Auto £27,494 Save 11.25%
Mercedes A180 Sport 5dr £19,512 Save 12.25%
Mercedes C220d SE Saloon Auto* £26,877 Save 15.5%
Mercedes GLC 220d 4Matic Sport 5dr Auto £33,707 Save 9%
Mercedes E350d AMG Line Edition Cabriolet 9G-Tronic £35,385 Save 23.5%
Mercedes V250 d Sport 5dr Auto [Extra Long] £43,345 Save 9%
Mitsubishi Outlander 2.0 PHEV GX4h 5dr Auto with 0% APR^ £29,675 Save 24%
Nissan Qashqai 1.2 DiG-T N-Tec 5dr* £17,982 Save 18.5%
Nissan X-Trail 1.6 dCi Tekna 5dr 4WD* £26,376 Save 17%
Renault Grand Scenic 1.5 dCi Dynamique Nav 5dr £14,665 Save 36%
Seat Ibiza Hatch 1.0 EcoTSi SE 5dr (new model)* £10,263 Save 26.75%
Seat Leon Hatch 1.4 EcoTSi 150 FR 5dr with 0% APR finance* £16,744 Save 18.5%
Skoda Octavia Estate 1.4 TSi 150 SE L 5dr with 0% APR* £19,197 Save 12%
Skoda Superb Hatch 2.0 TDi CR SE L Executive 5dr* £21,300 Save 15.5%
Suzuki Swift 1.2 SZ3 3dr with 0% APR finance £9,542 Save 10.5%
Toyota Yaris 1.5 Hybrid Excel 5dr with 0% APR finance* £15,278 Save 14.75%
Toyota Auris Touring Sport 1.8 Hybrid Icon 5dr with 0% APR* £18,994 Save 15%
Toyota RAV4 2.5 VVT-i Hybrid Excel TSS 5dr CVT* £26,879 Save 15%
Volvo XC60 D4 [190] SE Lux 5dr with 0% APR finance* £27,308 Save 20.75%
VW Up 1.0 High Up 3dr* £9,703 Save 17.25%
VW Polo 1.2 TSi SE 3dr* £10,895 Save 22%
VW Golf 2.0 TSi GTi 5dr [Nav]* £23,589 Save 17.5%
VW Golf 1.4 TSi GTE 5dr DSG^ £24,701 Save 28%
VW Golf 2.0 TSi R 5dr DSG* £27,664 Save 16.75%
VW Passat Estate 2.0 TDi SE 5dr* £21,345 Save 18.75%
VW Tiguan 2.0 TDi BlueMotion Tech Match Edition 150 5dr* £21,835 Save 21.25%
VW California 2.0 TDi BlueMotion Tech Beach 150 (new model)* £35,706 Save 10.25%
VW Touareg 3.0 V6 TDi BlueMotion Tech 262 R Line 5dr Tip Auto* £38,248 Save 22%

* These quotes are dependant upon you taking out finance with the manufacturer's finance company. Full details available on our website. Subject to status.

^ Please note that the quoted price includes the use of the £5,000 Plug-in OLEV Car Grant provided by the Government for orders placed by 25 February 2016.

All quotes all examples of deals we recently obtained for customers and were produced on 8th February 2016. Deal availability is subject to change.


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Thing is most of those deals are subject to using the dealer finance. I bet you could get a better deal overall by financing via a broker and negotiating a good deal on the car (except the 0% finance clearly!)

Robertb said:

Thing is most of those deals are subject to using the dealer finance. I bet you could get a better deal overall by financing via a broker and negotiating a good deal on the car (except the 0% finance clearly!)

Click to expand...

All are dependent on dealer finance. Maybe you get better finance elsewhere.

But "Drive the Deal" do not tell you which dealer is prepared to sell with such a discount.

I have looked at "Wow Car" and been to local dealers and none of them come even close to the price I was quoted.

You have to put a £500 deposit with DTD and then they reveal the dealer.

All sounds a bit scary I know but I've used them and "honest John" of the Daily Express recommends them.

That article is meaningless without some kind of context. Take for example the 488 GTB which the article claims retains 68% of its "new price" of £183,974 - that still represents a massive loss of close to 59 grand

But we all know list price is only the starting point for this type of car, with most buyers adding another £20-30k to the purchase price in options, so the actual loss is nearer £79-89k or that it only retains 58-61% of its purchase price.

At the other end of the spectrum there are plenty of heavily discounted cars which would in reality would result in much lower overall/percentage costs relative to purchase price for the buyer.

Sensationalist smoke and mirrors, and not in a good way :nooo:

I know that it is a facetious comment, but to me this whole thread is just a compelling case for buying cars second hand after someone else has stressed through the worst of the depreciation... :?:

Not facetious at all - all bar one* of my cars were used when I bought them just for that reason :thumb:







*the exception being when I was blind-sided by a perfectly timed man-maths blow to the kisser

chimp911 said:

Not facetious at all - all bar one* of my cars were used when I bought them just for that reason :thumb:







*the exception being when I was blind-sided by a perfectly timed man-maths blow to the kisser

Click to expand...

:floor:

chimp911 said:

That article is meaningless without some kind of context. Take for example the 488 GTB which the article claims retains 68% of its "new price" of £183,974 - that still represents a massive loss of close to 59 grand

But we all know list price is only the starting point for this type of car, with most buyers adding another £20-30k to the purchase price in options, so the actual loss is nearer £79-89k or that it only retains 58-61% of its purchase price.

At the other end of the spectrum there are plenty of heavily discounted cars which would in reality would result in much lower overall/percentage costs relative to purchase price for the buyer.

Sensationalist smoke and mirrors, and not in a good way :nooo:

Click to expand...

Exactly my thoughts. Most of those lower end cars featured would not have been sold for list price in the first place. Anyone really prepared to by a medium / large French car 'new' will pay no where near list price. Its a similar story at the other end of the scale with say the BMW M6, where i think the standard discount is around £25k or ca.25%.

^^^^ Yep when you come to trade in and find the expensive options you've got dont count in their trade in/cash price as they use the base model price.

Also I am looking for a Nissan Leaf and there is no way you can pick one up for c£5k as the 3yr old trade in price suggests. Given the retail spread I expect the 'offer' to be higher.

PS: If anyone has a 2012 Leaf (with battery owned) for c£5k I'm interested