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Depreciation & one-off issues

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So my new VRS 245 Estate has arrived at the dealer and will be ready for handover about mid December. I am coming out of the company car scheme into it after 30 years of fleet vehicles so suddenly other irrelevant costs are looming! My company Audi goes back 10 January so my car allowance doesn’t trigger until then. I’m about to agree collection date from Garlands and wondered if registering it in December 21 would cost me in depreciation in the long term as opposed to registering in January 22?

 

I totally appreciate that the value of all vehicles is bizarrely affected by supply chain and electrification once-in-a-lifetime issues, but would appreciate thoughts. What would you do? I’m tempted to just get in the thing ASAP! 

Just get it.  The logic of waiting one more month falls down quickly. I mean, why not wait until Feb? Or even March?  And if you’re waiting  until March, you might as well wait until April…

  • Author

I do want to collect ASAP and am not deferring for any reason other than any future significant drop in value between years of registration. If it’s a 21 or 22 will there be a financial impact 3-5 years down the line? We’re only talking 14 days wait. 

9 minutes ago, Zedboy said:

If it’s a 21 or 22 will there be a financial impact 3-5 years down the line?

Unlikely. Can you stand being without a car for 2 weeks this time of year, and are you not getting a better deal for buying a car in a "dead month"?

  • Author

Fair point … think I’ll just go grab it, waited long enough! Thanks 

Most people look at the registration plate rather than the year of registration - since it will be a 71 plate until 28th February I don't think it's worth waiting (unless you want to wait until 1st March 2022 for a 22 plate!).

i would wait the 2 weeks until 2022, especially as there's no urgency for the new car when you still have your company car,  not many cars get registered in december, and there's good reason for that,

when you go to sell the car it can be sold as a 2022 registered so will be worth more,  unless you intend keeping it for a long time, then it becomes less relevant.

  • Author

Totally agree with registering in first days of 2022. Thanks for the thoughts 

The fact you’ve bought brand new, it’s an ICE car and we’ll be what, 3 years closer to the pure ICE sales ban when you sell will hit the value far harder than a change in calendar. 
 

But hey. Opinions were asked for and you’ve made your choice. Enjoy when you pick up 👍🏻

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