£1000+ per mile depreciation

[Don Coffey]

In the local dealers today and they have a year old M6 with 41 miles on the clock that cost £115000 new and now £70000.  There's probably discount to be had on that price as well.

Don

[Denis O]

EEEEEEEEEEKKKKKKKK  :yikes: :yikes: :yikes:

[X5Sport]

:-\ :doh: :wacko: :dead:

[Raj]

Always said buying brand new was a killer. That's quite heavy for so little mileage.

[graemeX5]

Saying that I saw a blue X6M in dealers with list of over £ 90k and on offer at £70k -what a bargain.  )

But if you look at X5m they are now below £40k and they were £90k new that depreciation can really hurt your pocket.

[535dboy]

M6 have always had savage depreciation becaus they are far too over priced in the first case!

[Don Coffey]

[quote="535dboy"]
M6 have always had savage depreciation becaus they are far too over priced in the first case!
[/quote]

Totally agree, that's Aston, Bentley and higher end 911 money.

Don

[Pope]

That makes me feel a wee bit better about taking a £7k hit on my X5 in 12months/12k miles.
Mind you, it works both ways, as the i bought a 2011 X640d for £30k, which has lost more than 50% of its value in less than 3 years... :blink:

Yes...i know it was cheap because its PINK....

[pvr]

Ah, but you have manly exhaust pipes and non of those girly wheel barrow handles  )