I dont understand why people want to keep these things forever!? Doesn't matter what it is... dont you get used to it and crave more?? newer looks, more power, better toys, latest and greatest what ever it is... maybe its just me but I like choice and the feeling I want to try everything. I live life like its running out... do it now... think about it later who nos could be hit by a bus tomorrow.
Depreciation has always been the same... and will only get worse now that there are so many cars on the road compared to 20 years ago.. if you want to break even buy a classic... want to make money buy bricks.
I love my M but at the same time I want to own as much exotica as I can before taxation deems it head over heart which I have a feeling wont be far off. The fact that only one major supercar maker is putting v12s into new cars atm says it all, BMW reducing all the engine sizes and removing NA for forced induction. 90% of all supercar manufactures do not offer a manual gear box, autos reduces emissions and are quicker... but do we all want it... no. Same with electronic steering hydraulic is always better but increases emissions, so electronic gets the nod. We are basically pawns everything we want we have to pay for in some way... until they get us all driving hybrids.
How many people are willing to pay more than £465 a year to drive 3-6k a year and get 23mpg at £7 a gallon of super. Not many which is why these cars are cheap they are desperate to get rid.
But then again my argument is with the government. If i drive 6k a year in my M at £465 a year and a rep pays £100 for some diesel motorway cruiser doing 60k a year, who's polluting more and who's waring the roads out! Certainly not me. Its BS but then again its one way of getting tax out of stupid people! AKA me.
Rant over.