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Home > General > Prospective RRS Owner - Newbie Questions - Petrol Advice Pls |
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Smarticus Member Since: 26 May 2005 Location: Northumberland Posts: 939 |
Had a chat with my dealer today about depreciation. His estimate is that the following drop has been experienced over the last 12 months.
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Sun Jan 28 2007 12:24am |
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ENVOY Member Since: 09 Nov 2006 Location: In the shit as usual Posts: 5823 |
Depreciation on both petrols, OUCH, but the diesel i can live with. some of my Previous cars -------------------------------- P38 Range Rover Autobiography RRS 2.7 HSE Silver RRS TDV8 HSE silver FFRR Vogue black Disco3 HSE silver RRS 2.7 HSE silver RRS 3.0 HSE BALTI BLUE ______________________________ current vehicles RRS 3.0 L494 Autobiography Audi R8 V10 Spyder AC Cobra Landrover Defender 90 Landrover Defender 110 Suzuki Jimney |
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Sun Jan 28 2007 1:06am |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
Interesting. Suppose we're seeing these figures being borne out on trade in's. Retail values will be a bit higher. I think that the supercharged will just keep losing money. A friend sold his ML55 (about 4 years old) for £17,000. That was a £65+ car. Also, lack of real waiting lists on the TDV6 will soften rates but I reckopn demand will remain high. (I'm looking forward to buying one!). |
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Sun Jan 28 2007 10:37am |
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XXXAngelXXX Member Since: 03 Mar 2006 Location: Krautland Posts: 10894 |
yeah i have to agree with THE JAYMANN - i am mad now that i bought an TDV6 i should have gone for the SC !
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Sun Jan 28 2007 11:13am |
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TJ101 Member Since: 17 Jan 2007 Location: Somerset UK Posts: 207 |
Well i had no choice, as i wanted the G4, all were based on the 4.4 HSE,
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Sun Jan 28 2007 11:55am |
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TJ101 Member Since: 17 Jan 2007 Location: Somerset UK Posts: 207 |
Hi Smarticus Presume your dealer was working on a new Jan 2006 vehicle, the valve today with so call average miles ?? "Book" valves for info are (dec book working on 12k and 06 55 Reg HSE spec) TDv6 HSE from £44k to £38.7k = £5.3k S/Charged from £58k to £44k = £14k 4.4 HSE from £50k to £38k = £12k Diesels are keeping better residual valve nowadays, So hes is not a million miles out, just being a bit hard, 997 TT, RR TDV8 Vog SE 90 V8 Hybrid www.wessex4x4response.org.uk http://forum.innovate4x4.com G4 RRS Gone |
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Sun Jan 28 2007 4:37pm |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
How much do you think I should value options such as Dynamic Pack, Phone, Ipod, Side Steps etc? PS - RRSPORT.CO.UK is a very positive and helpful community. Thanks again. Newbie PauloAmore. |
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Sun Jan 28 2007 5:07pm |
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Smarticus Member Since: 26 May 2005 Location: Northumberland Posts: 939 |
PauloAmore - Afraid many optional extras can add very little additional value on a trade in. My dealer had a totally loaded 9 month old D3 for sale (with DVD player installed). He reckoned that all the extras would have cost £4,000 but only increased its resale value by about £1,000.
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Sun Jan 28 2007 6:42pm |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
Smarticus - this year? Wow, that's be another mega drop on the car. So you figure depreciation of "another" 25% this year. That'd be nearly 50% in 2 years. Well ahead of regualar cars and busting SUV norms. I'd thought it would slow down abit. I was looking at a 4.4 for £39,500 on Autotrader. Figured a £17K saving in 6 months was quite good going. Maybe not..... |
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Sun Jan 28 2007 6:51pm |
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Smarticus Member Since: 26 May 2005 Location: Northumberland Posts: 939 |
SUV "Petrol" norms are 50% in 2 years. Look at contract hire rates for big petrol SUV's and you'll see what the "experts" expect the depreciation to be (and how much more severe than a diesel). The cost of a vehicle is not what you pay up front, its the difference between the price you pay and the trade in when you sell. That will always be less in a diesel. So don't be tempted into buying a petrol to save money. They will always cost you a lot more than a diesel, to run and own. I reckon the cheapest RRS to own over the next 12 months will actually be a TDv8, which I figure on losing £8k. That 4.4 you are looking at will IMHO lose £10k. The cost of financing the difference between £39,500 and £53,000 will be about £1,000 a year, but at 10,000 miles the TDv8 will save you about £3,000 in fuel costs alone. So there you go, a TDv8 is a lot cheaper to own than a second hand 4.4 (jeez, I am sounding a bit like Kam - but then again I am an accountant too....). RRS TDv8 HSE Rimini Disco 4 TDv6 HSE Ipanema Defender 90, 200tdi CSW |
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Sun Jan 28 2007 7:37pm |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
thanks smarticus. that's quite a powerful argument for the TDV6. What'll she be worth in 3 & 5 years? Crystal ball i know. |
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Sun Jan 28 2007 7:40pm |
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Smarticus Member Since: 26 May 2005 Location: Northumberland Posts: 939 |
My guesstimate for a 2006 TDv6 (bought new before the price hike) is as follows :
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Sun Jan 28 2007 7:49pm |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
I'm sorry. I meant the TDv8... (above looks v. reasonable though) You said that the TDV8 will save about £3000 in fuel alone. An exageration no? I reckoned that over 10,000 miles the SC would burn around £2500 fuel (total) assuming 85p per litre. |
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Sun Jan 28 2007 7:54pm |
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PauloAmore Member Since: 27 Jan 2007 Location: Bonnie Scotland Posts: 1292 |
Thanks all.
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Sat Feb 03 2007 12:05pm |
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