Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021
Depreciation over 10 years
I happened to look at the order form for my D3 when bought back in early 2005. £27000 with some extras. Take off perhaps £7000 residual value now and that works out at £2000 a year. If I also (wrongly) take off the trade in value of my old VW Sharan in 2005 , then it is less than £1000 per year
Not bad for a car that is still a great drive and with help of this forum is not too costly to maintain.2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.
Manmaths working to perfection. Excellent ____
Gone: 10MY L320 RR Sport HSE, Ipanema Sand
Gone: 20MY Jaguar iPace HSE, Silicon Silver
Gone: 17MY RR Evoque SE Tech, Loire Blue
Gone: 08MY Discovery 3 XS, Stornoway Grey
Gone: 07MY FFRR TDV8 Vogue, Stornoway Grey
18th Nov 2014 5:48 pm
Bradders
Member Since: 21 Oct 2014
Location: Ashford, Kent
Posts: 126
'Manmaths' I don't think thats bad at all! Before I had my D3 I had a new Fiesta ST and in less than a year I lost over £7000 never buying new again......well maybe a Discovery at some some point
Brad
18th Nov 2014 7:37 pm
Barn1e D3 Decade
Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021
Now you have me checking my maths, which I managed to get wrong I missed off the £5000 VAT, so the depreciation is still only £2500 per annum, or using my glass half full argument, £1500 pa 2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.
18th Nov 2014 7:49 pm
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73132
£7.90 a day.
18th Nov 2014 7:57 pm
Barn1e D3 Decade
Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021
£7.90 per day - so I have paid for the Disco by not drinking two pints per day. I must tell SWMBO, sounds like brilliant justification to me.2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.
18th Nov 2014 8:29 pm
blue meanie D3 Decade
Member Since: 04 Aug 2005
Location: Newbury
Posts: 6861
Back of the envelope maths; from when I bought new to a ballpark value looks to be about £9 a day depreciation over 9ish years, factor in an average cost of service, tyres, warranty etc of about £1500 per year comes out at about £50K down the pan over the time it's only money and theeeeennn......???
18th Nov 2014 8:30 pm
Moo D3 Decade
Member Since: 13 Aug 2010
Location: UK
Posts: 14483
I paid £34k for mine. It's probably worth £6k
It's 116 months since I bought her so thats £28k / 116 = £241 per month in depreciation or £2892 per year.
I'm quite happy with that. She's also ridiculously reliable.
18th Nov 2014 8:31 pm
DSL Keeper of the wheelie bin
Member Since: 11 May 2006
Location: Off again! :-)
Posts: 73132
I'm not going to work out the rest, would be far too depressing. Especially when I bought the car diesel was 80odd pence a ltr. Plus maintenance, warranty costs & other running costs. About the same as my first house.
18th Nov 2014 8:34 pm
Dusty
Member Since: 23 Sep 2013
Location: London
Posts: 1022
I made the school boy error of buying brand new in 2004 and selling at the end of the 3 year warranty. It had been in to main dealers so many times for warranty work I didn't fancy taking on the repair bills myself. There wasn't the DIY knowledge around in those days or forums like these to help keep the maintenance bills realistic.
Anyway, bought for around £35k and sold for £20k A cool £5k a year.
Now in a 55 plate HSE that cost me £11k, can't see that dropping below £5k in the next 3 years so a much better investment. Added bonus is that so far been far more reliable than the brand new one I had!!!Discovery 4 HSE
SDV6
2015
Mine was an ex Demo, doing ALL the maths has made me feel quite ill. In Spain - 2018 F Pace - Down and out's Velar
In UK - Dare not say on this Forum
Gone - Lots of Lode Lane vehicles.
- Beta User
25th Nov 2014 7:34 am
grahamk
Member Since: 28 Feb 2010
Location: Dumgoyne
Posts: 1473
This has made me feel happy...
Bought in 2009 from Main dealer for 17.5k I would hazard a guess at 9k value now = £1700 a year3 Flash Indicators
Clock on Dash
GVIF & Reverse Camera
D4 Bluetooth
EGR's Blanked
25th Nov 2014 8:00 am
M3DPO
Member Since: 22 Sep 2010
Location: Notts.
Posts: 8244
All these figures are a misconception nobody has lost anything on their vehicles I can never understand owners who have traveled 100+ thousand mile in a vehicle over all types of terrain, towed a trailer, horse box or caravan with up tp 7 people on board and then say they have lost x thousand pounds in depreciation.
It is what it has cost to travel x thousand miles, not how much the vehicle has depreciated in value It can when others can't,
It will when others won't,
It goes where others don't.
25th Nov 2014 8:18 am
Scarab
Member Since: 11 Jun 2011
Location: Hastings
Posts: 1283
Thankfully I wasn't the original purchaser of my car. Which is a 56 plate HSE.
The original buyer somehow managed to pay £42k for it according to the invoice! Bought it at 7 years old with service plan and WD warranty thrown in for £13k
They swapped it for a 08 Plate Mondeo! That's got to be the worst depreciation ever with a huge kick in the teeth to boot of having to drive a Mondeo.
One thing I will say is that with all the fun and trips we've had in the D3 since we bought it I know I haven't lost a penny. When you can pay £8k for a First Class Flight around the world these days, the D3 seems an absolute bargain
If I add up all the airline tickets I've paid big money for to be wafted around the world in luxury, the D3 does it for me every day.
The wife's Astra we paid over £20k for at the begging of the year though.....now that just feels I've been bent over and used....dry.
25th Nov 2014 8:20 am
Pelyma
Member Since: 06 Jan 2005
Location: Patching, Sussex
Posts: 15496
M3DPO wrote:
All these figures are a misconception nobody has lost anything on their vehicles I can never understand owners who have traveled 100+ thousand mile in a vehicle over all types of terrain, towed a trailer, horse box or caravan with up tp 7 people on board and then say they have lost x thousand pounds in depreciation.
It is what it has cost to travel x thousand miles, not how much the vehicle has depreciated in value
DS3 TDV6 HSE - Silver with Alpaca (old one) Gone
DS3 TDV6 HSE- Silver with Alpaca (new one) Gone
D4 HSE Lux - Montalcino Red Gone
Porsche Cayenne V8 Diesel S
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