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![]() | Home > General > deal or not a deal |
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awd man Member Since: 30 Nov 2010 Location: Malmesbury Posts: 3355 ![]() ![]() |
Now I'd sell my house for one of those |
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littleh Member Since: 14 Feb 2011 Location: kent Posts: 10 ![]() ![]() |
not for a hybrid! |
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littleh Member Since: 14 Feb 2011 Location: kent Posts: 10 ![]() ![]() |
X5pea,
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codfather Member Since: 13 Feb 2010 Location: ayr Posts: 1171 ![]() ![]() ![]() |
The X5 in its current shape has been around for 4 or 5 years now, which you would expect to see replaced in 3 years time as well. so as with all BMWs (and most cars in general) as soon as you are into the next generation of the model the prices plummet!
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littleh Member Since: 14 Feb 2011 Location: kent Posts: 10 ![]() ![]() |
IF generation cycles last 7/8 years i'll have to wait until 2013!!
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NickM Member Since: 15 Feb 2008 Location: London Posts: 2995 ![]() ![]() |
The RRS, since dipping below 30K, has seen a lot of interest in the used car market - and people who normally spent 25K on a golf or a BMW, now want an RRS instead - and I think the market has become flooded - I see approx 20 a day every day, when 3 years ago - maybe saw a few a week. It's kinda one of the reasons I jumped ship. Ok I know I have a Z4 now, but I rarely see one a week - and I know you can't compare them, but I like the fact it's rare.
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hogberto Member Since: 08 Jan 2011 Location: Edinburgh Posts: 67 ![]() ![]() ![]() |
if you're worried about losing money through depreciation, don't buy a car, let alone an RRS. |
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littleh Member Since: 14 Feb 2011 Location: kent Posts: 10 ![]() ![]() |
i've no problems with depreciation on cars, it's a fact of market forces
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Stella Monkey Member Since: 06 Oct 2009 Location: UK Posts: 48 ![]() |
£20k for a 2/3 year old RRS is not anywhere near realistic in my opinion |
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ilard Member Since: 20 Aug 2010 Location: London Posts: 975 ![]() ![]() |
I'd spend the £20k on a sexy LR Defender and save the £500+ per month. Then chop in the cash and the Defender in 2014 for a deposit (50% ish) on the new lightweight RRS. It will feel like indescribable luxury after 3 years hacking around in a battle wagon |
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NickM Member Since: 15 Feb 2008 Location: London Posts: 2995 ![]() ![]() |
so are you saying I should buy a RRS in the summer, and if I sold it after 3 years I would get 30K for it?? So say about £25K depreciation in 3 years seems about right?
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ilard Member Since: 20 Aug 2010 Location: London Posts: 975 ![]() ![]() |
I would not say that is not right - you should expect much less than 50% value after 3 years. 45% to 47% is more realistic.
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Ady 555 Site Moderator Member Since: 12 Dec 2010 Location: Good old yorkshire Posts: 8738 ![]() ![]() ![]() |
With the evoque been so new and demand will be high from what i was hearing at my dealers whilst waitng for my motor today there is so much intrest in the evoque 29 deposits already taken, you could get one when they are released run it for 6 months and still sell it almost as much as what you paid for it because i think its more of a womens car (no offence to the blokes who have ordered one for themselves) and we all know women carn't wait for anything as there is always a wait for new models and at 6 months old there won't be many second hand evoques available because the novelty factor won't of worn off so therefore run one for 6-7 months for next to nothing then try something else |
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