Quote:
Originally Posted by Hartside
Somehow I kinda knew that you would 
£6000 in 17 months is quite a drop, even allowing for the fact that it gets hit hard in the first 2 years. Some how I don't think it will only lose a further £3600 in the next 19 months! |
The simple maths above does not lie
All cars take a HUGE hit in the first two years and it is generally recognized as financial suicide to sell a car under three years old because of the drop
Honda's & VW's hold their values far better than Ford's, Nissans, Renault's
Peugeot's, Mazda's the list goes on
Just to prove my point ( not that I need to - but )
for example a Nissan Qashqai 1.6 Acenta 2wd value £ 14999 when new
will be worth as little as £ 5999 in three years time ( a few more pounds that a 1.8 SE civic when new but it looses more money in the end)
Just think what you would be loosing if you had bought a Ford Focus 1.6 100 Style value when new £ 14972 could be worth as little as £5240 in three years time ( yet another reason not to buy a ford
)