The Great Depreciation Challenge! Beat this.

[Schaefft]

Assuming it cost around 60k quid in 2002 with the options it had, my 1400 quid S8 would have cost about 100 grand new today. Thats a depreciation of 98.6%, try to beat that.?

[brownnova]

My Saab 900 would’ve cost £24495 new in 1996. I paid £300 for it. So it lost 98.8% of its value from new... 

If you adjust for today’s money out would’ve been around £42,500 so would’ve lost 99.4% of its  value!! 

[brownnova]

1 hour ago, Schaefft said:

 try to beat that.?

Oh, sorry I just did. ?

[MorrisItalSLX]

2 hours ago, TrabbieRonnie said:

Missed the crucial piece of information there, didn't I?!!! ? 

Here’s the converted version:

Purchased by me for $3,500 (£1,925)

Sold new for $80,000 (£44,000)

Adjusted for inflation to $234,800 (£129,180)

That’s a depreciation figure of 98.5%

[Eddie Honda]

June 1998 - £20,470

March 2017 - £100

Depreciation - 99.5%

[Shite Ron]

8 hours ago, hairnet said:

trying to find out how much a 80 1.3 fiesta ghia was i could only find out a base 76 model was 1716 quid

i rescued the ghia from under a tree for 40 quid in 1996 ish

if the brochure lickers here could help id like to know for curiosity

fanks

Just had a lick of my brochures and in January 1980 a 1.3Ghia with no extras was £4,166.47

[paulplom]

1 hour ago, Eddie Honda said:

June 1998 - £20,470

March 2017 - £100

Depreciation - 99.5%

We were on about that car yesterday when we were out in the mx-5. My partner had a 306 new years ago and she was looking forward to getting this. She was very dissapointed and said it drove nothing like her old one.

I thought it was okay. Nothing to write home about, but okay.

Trying to relive her youth I suspect. A bit like playing C64 games now. Amazing at the time but now completely shit.

[paulplom]

June 1998 - £20,470
March 2017 - £100
Depreciation - 99.5%

Also, what's going on with those headlights?

Sent from my SM-G975F using Tapatalk

[Eddie Honda]

I've still the clutch to do, have another go at sorting the exhaust joints, fix a bust front driver's side spring, etc.

Never mind all the money I've given the taxman.

I think it'll be an ok steer when I get the alloys sorted and with matching boots all round.

 

[paulplom]

I just googled it. That's how they are. I thought it was a camera or image error. Very strange.

[bangernomics]

And it was back.

[bangernomics]

Multipla 15750 list
Today let say £750.

Over 95% gone.

[reb]

My new 850 was at least £50k adjusted for inflation, probably a bit more as it has a few options not standard on the TDI/GLT. I bought it for £950. That's only 98.something% deprecation if I've done my sums right. To me it still feels like a car worthy of its original price tag!

[sutty2006]

On 6/6/2020 at 10:18 PM, TrabbieRonnie said:

Fun game!  As far as I can tell, my big liability Audi A8 cost somebody's offshore account 50k back in 2003... If we're adjusting for inflation, that's 79 big ones!  The £1500 smackers I paid is about 1.88% of that, a mere 13 years (and 130,000 miles) later!  Must have been nice new though...

Is there a quicker way to lose money?!

Unsure why I didn’t post this sooner in this thread. But my N reg (1994?) A8 had a £55k price tag in 94 (many options ticked). I bought it for £600 in 2012 ish….. kept it for 6 months and flogged it for £730. Best £600 I ever spent on a car…… 4.2 v8 of pure pleasure. 

[Metal Guru]

On 06/06/2020 at 22:26, hairnet said:

trying to find out how much a 80 1.3 fiesta ghia was i could only find out a base 76 model was 1716 quid

i rescued the ghia from under a tree for 40 quid in 1996 ish

if the brochure lickers here could help id like to know for curiosity

fanks

edit 99.04%

I paid £3850 for a new 1.1L Fiesta in 1982, so given high inflation in 79-81, I would reckon a1.3 Ghia in 1980 would be similar. 

[warren t claim]

Back in 1986 a young W.T.C was sitting through a maths lesson when Sweaty Seymour, the teacher, was explaining depreciation to the class stating that depreciation is the % lost against purchace price. My reply of stating that a new Range Rover that cost £2000 back in 1970 is still worth £2000 in 1986 therefore the owner could, by his theory, swap it for a new one didn't make him happy.

[MJK 24]

My Dad paid £14,000 for a very nice 2014 Audi A8 just after the first lockdown.  The original owner paid £72,000.  £805 down the drain every single month for six years.

The mind boggles.

[Metal Guru]

2 hours ago, warren t claim said:

Back in 1986 a young W.T.C was sitting through a maths lesson when Sweaty Seymour, the teacher, was explaining depreciation to the class stating that depreciation is the % lost against purchace price. My reply of stating that a new Range Rover that cost £2000 back in 1970 is still worth £2000 in 1986 therefore the owner could, by his theory, swap it for a new one didn't make him happy.

My mother has a Jimny. Paid £14k in 2013, worth the same now.