Depreciation resistant contractor's cars?

[eek]

Toyota GT 86.

£25K new. Low expected depreciation, very low running costs (though long waiting list).

Get the Suburu BRZ only a 1,000 a year to the UK and probably a shorter waiting list.

[PAH]

with the age, mileage and Tesco-dents (not caused by me), I can't imagine I'd get more than £2k for it. I'll probably just keep it until something becomes more expensive to fix than it's worth.

That's what I've been doing for the last couple of years, running about in a disposable yet reliable car for stress free motoring.

It's just every now and then I get the old hankering for something a bit special.

Not much else to do with the warchest as most investments these days are a gamble, the standard saving interest rate is below inflation, and the traditional investment of putting it into property seems suicidal at the moment.

So either leave it in the bank doing sod all, or put some into a nice motor while trying to take as little hit on the depreciation as possible.

The Aston is the pinnacle of my current thinking but there's lots of tasty metal for sale for a lot less. Even a ropey 996 with a warranty against the engine going bang would be doable for not much over £10k. Get one with a bodykit and pretend it's a GT3.

Sounds much more interesting than a nearly new Vauxhall, unless it's the aforementioned VXR8 and prices of those seem to have been around £15k for years now due to the low numbers imported from Oz, yet I know as soon as I bought one they'd halve overnight.

[PAH]

Get the Suburu BRZ only a 1,000 a year to the UK and probably a shorter waiting list.

I don't know why but the rice burners have never really appealed to me. Seem even uglier and soulless than even the bland euroboxes.

Maybe I just can't like a people that eat their fish raw. It's got to be battered with chips, peas, and gravy. That's the law, up north.

[swamp]

Not much else to do with the warchest as most investments these days are a gamble, the standard saving interest rate is below inflation, and the traditional investment of putting it into property seems suicidal at the moment.

So either leave it in the bank doing sod all, or put some into a nice motor while trying to take as little hit on the depreciation as possible.

WPS

I also don't think car makers have fully priced in the low-value pound yet.

[nomadd]

That's what I've been doing for the last couple of years, running about in a disposable yet reliable car for stress free motoring.

Me too. Except I haven't yet had the heart to "dispose" of it yet - after 15 years!

Old BMW 3 series. Costs next to nothing to run. Bullet-proof build. The old girl is worth nothing, and yet runs absolutely perfectly.

I can see this particular marriage going on for another 10 years if I'm honest.

Fingers crossed.

[eek]

I don't know why but the rice burners have never really appealed to me. Seem even uglier and soulless than even the bland euroboxes.

Maybe I just can't like a people that eat their fish raw. It's got to be battered with chips, peas, and gravy. That's the law, up north.

To be honest I have zero interest in either version of the car.

Personally I purchase something 2.5 years old via auction keep it 2 years and flog it onwards. That gives you enough time to get any faults fixed by the manufacturer prior to the warranty running out and you get rid before the faults become expensive.

[AtW]

If you want to beat car depreciation then buy a car that is worth only the amount you want to lose.

[lilelvis2000]

pffft. The only depreciation resistant cars are vintage cars. Shoot they even apreciate in value!

[PAH]

Or get your name on a waiting list for a new model that is expected to go up in value as demand outstrips supply, getting a year of free motoring before selling on.

May work better when there's plenty of mugs looking for the next fashion accessory, such as that new Range Rover with the squashed roof, apparently with design input from stick-insect spice.

As such I don't have the balls to take such a gamble, or I'd be flipping gold coins.

[Sysman]

I imagine classic cars like older Ferraris are more garage jewellery that only get taken out for posing in at weekends when the weather is fine.

Yep. The best way to preserve a Ferrari's resale value it to keep the mileage down.