Motoring Discussion > New Car Negative Depreciation :-) Buying / Selling
Thread Author: zippy Replies: 12

 New Car Negative Depreciation :-) - zippy
At the end of March 21, I purchased a new Tucson MHEV. Not my first choice but I didn't like a lot of the other options around the same price for a Diesel Automatic. It's the old model.

The list price was £29,200 + £665 for paint and £600 for the GAP and paint protection (silly prices for the latter two). So the list total was £30,465.

The price I paid was £20,200. Not a bad deal in my book. Used 2021 models cost more than this on Autotrader though there will always be wriggle room.

Anyhow, a few recent car ads keep making me think or going full electric and a work colleague has just splashed out on a Tesla extended range (no mortgage).

So I had a look at what my loss would be if I sold the car to We Buy Any Car. They quoted £21,500! A profit and negative depreciation, even with 1,000 miles on the clock.

I won't be going electric though. Not yet. The cost to change is a little too high at the moment.

Last edited by: zippy on Tue 8 Jun 21 at 23:39
 Messages Author Date
 New Car Negative Depreciation :-) new zippy 8 Jun 21 23:37
 New Car Negative Depreciation :-) new tyrednemotional 9 Jun 21 09:14
 New Car Negative Depreciation :-) new zippy 9 Jun 21 10:01
 New Car Negative Depreciation :-) new DP 9 Jun 21 10:18
 New Car Negative Depreciation :-) new zippy 9 Jun 21 10:53
 New Car Negative Depreciation :-) new smokie 9 Jun 21 12:43
 New Car Negative Depreciation :-) new zippy 9 Jun 21 13:56
 New Car Negative Depreciation :-) new DP 10 Jun 21 18:51
 New Car Negative Depreciation :-) new zippy 10 Jun 21 22:25
 New Car Negative Depreciation :-) new DP 11 Jun 21 10:48
 New Car Negative Depreciation :-) new Mr Moo 9 Jun 21 19:57
 New Car Negative Depreciation :-) new legacylad 9 Jun 21 22:24
 New Car Negative Depreciation :-) new DP 10 Jun 21 18:52
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