http://www.whatcar.com/car-depreciation-calculator/

Better to have the skoda. In the end you only get slightly more for an VW. But initially you pay much more

Its still a lot better than the Renault Lagunas that I used to have, and much more reliable.

That was my reaction too; because you pay less for the Skoda, and the curves are showing a converging tendancy, the Skoda is a better proposition unless you change cars every year (and maybe even then because you've got less capital tied up in the car).

Just compared the VAG cars in our office...

Looks like the boss will be crying about his Audi tonight

Just compared the VAG cars in our office...

Looks like the boss will be crying about his Audi tonight

Doing a quick compersation with other makes I.e renault, vw etc the skoda isnt that bad tbh.

What's sad about it?

I think it's pretty good - You compare Jags, BMW's & Audi's and it looks really good!

I've done a few of our cars here at work and it's pretty shocking to say the least.... one of the better ones weirdly is that new TT rip off Peugeot RCZ thing, that doesn't lose much at all but then again it's new out so how can they possibly tell how much it's going to lose?

Just looked at the figures for a CR Scout and I think that they are absolute ********! I have not seen a 12 month old Scout anywhere, even with above average mileage, for anything like £12k. In fact. albeit dealer prices, a newbie with the VAT off is only marginally more.

Arn't the depreciation figures, trade price/part-ex rather than forecourt price? Hence the fact you won't see one anywhere for the price quoted in the charts above?

I don't know how What Car do thier calculations but is this difference really about £6k between forecourt and trade or PX (between which there is usually a reasonable difference as well) on a 12 month old car?

Not so sad if like me you bought a 1 year old car

I bought my Mitusbishi Grandis for £10,500; that is a 15 month old car with 9k on the clock and costing £22,000 new FROM A MITSUBISHI DEALER, AND had 2 years free servicing thrown in.

Its only sad if your daft enough to buy brand new in the first place

I was very surprised when I got my car "valued" on a (different) web site, for insurance quote purposes, that at nearly 2 years old it is worth a ballpark £10K as trade in. I only paid about £12600 for it new. I thought a brand new car would lose a lot more in 2 years, although admittedly the mileage is on the low side.

I just looked at the What Car site and it is nothing like that though!!! Perhaps in the end it depends on your bargaining powers!

Edited 8 September, 201015 yr by ednmra

Its only sad if your daft enough to buy brand new in the first place

If no one bought new cars then there would be no secondhand ones for you to buy!!!!!!!

If you don't want depreciation then either buy the very latest supercar and then sell it after a year or don't buy a car. It's an inevitability. But some are better than others.

Bunkum. The starting price for a CR vRS is £20,000, so depreciation in the first year is significant. Nobody pays anywhere near £20k, so first year depreciation is significantly less.

Its only sad if your daft enough to buy brand new in the first place

We wanted a decent s/hand Scout & in the end bought new as with all the deals available it wasnt a lot more & we had the colour & extras we wanted

Take a tip from a more mature Briskodian.

The cheapest car is the one you keep hold of and enjoy.

Have a look at a Citroen C6 V6...I laughed my arse off!!!

Those figures are purely theoretical. I've sold 3 Octavias back to my dealer, each time I've got back >50%. The most recent one was my 36month old TDi vRS (PD 170), bought for £18000 and handed back for £10000 in March 2010. That figure's good enough, but then consider I then bought a new one with no VAT, interest free over 2 years etc.

Skoda is still the best VFM brand imo.

Of course you lose less through depreciation on a used car, but its not as advantageous as the graph may make it appear at first glance.

In reality the curve is going to look similar for a one year old used car I believe due to the difference between retail prices and "value"

Price for a one year old Octy VRS from a dealer is about £16K (looking at Autotrader), but the What Car graph says that car's "value" is £11and at year two (after a year of ownership) its worth just £8500.

So it seems if you buy from a dealer at his sticker price you lose nearly 50% on a one year old used Octavia in your first year of ownership.

That's before you consider you'll need tyres and a service sooner and maybe the need to pay for a third years warranty. (if we're comparing like with like).

Edited 9 September, 201015 yr by juan27

Its only sad if your daft enough to buy brand new in the first place

It is based on list price which is flawed for a start. I got 20% off list for my new V50 last year plus another £2k scrappage allowance. So paid £15k for a car then retailing at £20500. I was first keeper and car was a factory order not ex stock. I too thought buying new was a daft move but for me at that time the sums did seem to add up.That makes buying nearly new less attractive than new.

To me the best point to buy a car is at the £6k to £8k 3yr old point. Bought wisely it would do for 5 years or 20000m so motoring is fairly affordable.

Edited 11 September, 201015 yr by loskie