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Depreciation...you thought the C6 was bad?
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ciao_chao   
Thu Aug 11 2011, 10:01pm
Joined: Jun 15 2011
Member No: #518
Location: Buckinghamshire
 Wait until you've seen the depreciation for the Maybach 62 which weighs in at a hefty £415 a day! Imagine what you could do with £415 a day! How about a BMW 7-series? I've heard numbers of 51% in the first year being thrown about...

Just thought I'd all share a laugh with you, and feel smug knowing we've made the right choice.
C6Dave   
Fri Aug 12 2011, 06:09am

Joined: Oct 01 2009
Member No: #1
Location: Northumberland
 The kind of people who buy one of those no doubt aren't overly concerned as they'll offset it against their tax bill..............
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drummond   
Wed Aug 17 2011, 11:20am
Joined: Sep 20 2010
Member No: #238
Location: Aldeburgh
 OH had a 735i SE BMW, ten years ago. It'd done 100000miles, FSH, 7 years old. It cost, from a dealer, £2500.

Car went to a friend and did another 100000 miles before it went phut.....I believe it cost about £40000 new. Then!

Oh, and the friend had a deal with her employers that she got 45p/mile for her own car. Hmm....
tonyrome   
Thu Aug 18 2011, 12:30pm
Joined: Nov 22 2009
Member No: #15
ciao_chao wrote ...
Wait until you've seen the depreciation for the Maybach 62

No-one who has spent around half a million EUR on a car is likely to be concerned about losing 500 EUR a day in depreciation, are they? Anyway, as Dave says, they will write it off against tax, so it actually represents good business for them.
gmerry   
Thu Aug 18 2011, 02:12pm
Joined: Dec 11 2009
Member No: #21
Location: Scotland
 VW Phaeton depreciation in % terms must be similar to C6, but obviously absolutely much worse.

For numbers, try purchase price of £16425 depreciating to zero over 3 years, thats £15/day. There are folks that smoke that much!!

Regards
ciao_chao   
Thu Aug 18 2011, 07:34pm
Joined: Jun 15 2011
Member No: #518
Location: Buckinghamshire
 Well good thing I don't smoke then!
C6Dave   
Thu Aug 18 2011, 07:57pm

Joined: Oct 01 2009
Member No: #1
Location: Northumberland
gmerry wrote ...

VW Phaeton depreciation in % terms must be similar to C6, but obviously absolutely much worse.

For numbers, try purchase price of £16425 depreciating to zero over 3 years, thats £15/day.

It's not going to be zero as the car will have a scrap value when all said and done, more if broken for spares
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