Car: 2016 FK2R-GT- Polished Metal
Join Date: 4th April 2016
Location: Bristol, U.K.
Thanked 20 Times in 16 Posts
Whinging about depreciation
It doesn't take much these days for several threads to get onto the subject of depreciation, which then leads on to to the usual moaning about it. Personally I don't get it. We have all spent between 25-33k of our FK2s. As with almost all cars by major manufacturers they will lose money. 25-35% in the first year is totally normal and should be expected. Why some owners think their FK2 is an "investment" I just don't get. Casino rules apply - don't risk what you are not prepared to lose.
Honda made no secret of what the cars would be worth. Simply by looking up the guaranteed future value you can see the depreciation expected. I bought mine for just shy of £33k, got a good PX value and some discount on extras. Plus low rate finance. I know, because it was there in black and white, that I would lose £13k over 2 years. So that was the deal and I signed up for it. We all did.
Try to enjoy what you have guys. FK2s are great cars and will soon have a cult-following of their own due to limited numbers, just like the DC5. And next time, if losing £10k is not for you, just don't ever buy a new or nearly new car again. Wait until 50% is lost after the first 3 years.
Last edited by Reeves999999; 13th June 2016 at 22:18.