depreciation on a new car

declanoneill

Just looking for a ballpark figure. If you got a new car (say around 20 - 25k, ford focus), what is the depreciation likely to be after a year. I would expect around 15-20%. I know someone who claims to buy a new car every year, selling the one he bought the previous year and only having to add "a few grand" to the price. I reakon he's talking out his arse. (assume 10-15k miles in the year)

bazz26

It depends on what you trade it in against but on average I would say you will loose at leaset €3,500 in the first year.

Doesn't make any sense to buy a new car every year, a car looses more in the first year than any other year of it's life.

unkel

What bazz said. Ballpark for a €25k Focus deprecation is (year 1, year 2, etc.)
€5k, €4k, €3k, €2.5k, €2k, €2k, €1.5k, €1k, etc.

TerrorFirmer

I misread the title and read - "Decapiation in a new car"

Capt'n Midnight

unkel wrote:

What bazz said. Ballpark for a €25k Focus deprecation is (year 1, year 2, etc.)

Val. Dep. Year.
25 €5k, 0
20 €4k, 1
16 €3k, 2
13 €2.5k, 3
10.5 €2k, 4
8.5 €2k, 5
6.5 €1.5k, 6
5 €1k, etc. 7
4 8

lomb

Buy a vw golf base 1.4 cash with the full 1200 euro discount and watch it loose about 2 grand in year 1, any other car expect 4ish +

boardsee

I misread the title and read - "Decapiation in a new car"

Thanks for sharing that, ever closer to 4000 posts now