What makes a car hold it's value?

D

DPG

Veteran
 West Yorks
I've been looking around at a few cars recently with a view to change but I can't believe how some have depreciated far more than others.

E.g

My 09 Coupe was £34k new before options and according to CAP is now worth £14k for a private sale,

The 09 plate TTS i was looking at was £34k new before options and is worth £20k private sale

Same power, similar economy, VED etc.

Is it down to the 3.0 lump in the Z4 being less desirable?

Who decides what a 2nd hand car is worth? Market demand?
 
Well your Coupe isn't the latest gen Zed so I think this has a lot to do with it.
I've been looking for an "09" E89 with all the toys and these are similar in price to the same year TTS as I've also been looking at these as well.
 
09 coupe? Surely that would have been originally sold for less then rrp with the fact the new Z was out?

When i was originally looking for my car at the start of 2009 1-2 year old 3.0 roadsters were going for 25k. By the end of the year (when i eventually got mine) they had dropped to 20k. Which lines up with the the e89 coming out.


Sent from my iPhone 5s using Tapatalk
 
Certain car,s do seem to be in a bubble ?
One car that has sat on it,s value for last 2 years is the 56/07 Cayman , i know because i was on the prowl for 6 months & they were at £13k/£15k when i was looking to buy
Search now & i find the values have held tight , would have been a good buy it seem,s :wink:
Same can,t be said of the 987 Boxster though , similar used values to the Cayman 2 years ago / now £9k/£10k get,s a decent example :wink:

The E46 M3 are also in the bubble if not on the rise IMO , 2 years ago i was seeing 52/53 100k examples at £5500/£6500
Now similar car,s are £6500 / £8k
 
audis generally seem to hold a bit more value than bmws. I was looking for a 3 series / a4 and, given car allowance restrictions on age and mileage, the a4 was out of my budget.

I initially intended to swap the z for a tts, but wasn't prepared to part with £13k to swap out for something 2 or 3 years newer but, imo, not a massively better car.

agree on the above re caymans and m3s. I sold a top notch m3 for £8k 2 years ago, 2003, 56k miles, manual in imola red. wish I hadn't.... :cry:
 
Stick over 50k miles on a TTS in under 2 years and that doesn't seem to help it hold its value much judging by what the dealer has offered us as a part exchange...its just over a £20k loss in depreciation in 21 months :cry:

Looking back now I wished we had invested in a 1M instead! it always fascinates me too how some cars hold and gain money whereas others lose it left right and centre its a very interesting topic.
 
JaEdBa said:
LeeZ4MR said:
Looking back now I wished we had invested in a 1M instead!
Click to expand...

fair point there - what was the list diff between 1m and tts new?
Click to expand...
Basic I think it was £37k for the TTS we paid £41k either £41/43k for the 1M so not really that much in it, the residuals on the 1M are awesome plus you get a nice rarity value too.
 
LeeZ4MR said:
JaEdBa said:
LeeZ4MR said:
Looking back now I wished we had invested in a 1M instead!
Click to expand...

fair point there - what was the list diff between 1m and tts new?
Click to expand...
Basic I think it was £37k for the TTS we paid £41k either £41/43k for the 1M so not really that much in it, the residuals on the 1M are awesome plus you get a nice rarity value too.
Click to expand...

in the short term a 1m with high-ish miles would probably do quite well residual wise too, given how rare they are...I've only seen a handful on the road, one was the evo long termer.
 
The 1M had rarity built in, they were only ever going to build a limited number.

I've seen a few of them, think they're lovely but really worth the money?

E46 M3 CSL is another where a low mileage mint one will set you back serious cash.

I saw a 993 RST yesterday and wondered what you'd have to pay for it...
 
I like the e46 csl, but, engine aside, it has an air of fragility about it and i'm guessing parts would be in v short supply body work wise.
 
JaEdBa said:
LeeZ4MR said:
JaEdBa said:
fair point there - what was the list diff between 1m and tts new?
Click to expand...
Basic I think it was £37k for the TTS we paid £41k either £41/43k for the 1M so not really that much in it, the residuals on the 1M are awesome plus you get a nice rarity value too.
Click to expand...

in the short term a 1m with high-ish miles would probably do quite well residual wise too, given how rare they are...I've only seen a handful on the road, one was the evo long termer.
Click to expand...
I have only ever seen one and that was parked in a car park and I agree even with the miles we have done I still think the 1M would have faired far better plus its far more of a riot to drive too! :driving:
 
JaEdBa said:
I like the e46 csl, but, engine aside, it has an air of fragility about it and i'm guessing parts would be in v short supply body work wise.
Click to expand...
I never really considered its fragility to be honest but just recently a guy on M3Cutters purchased one and the engine is having to be replaced but its like he said himself they are an old car now and have problems that comes hand in hand with cars of that age.

Plus I suppose they are a track favourite so its probably had its fair share of hammer around a track which cant help its longevity.
 
Stuart Truman said:
pvr said:
You opened that can of worms again :D
Click to expand...

Pandora's box (ooer)
Click to expand...
Its a difficult one do you keep one as a garage queen or use it and wait for it to break down...I suppose you cant win either way as I blame the low miles on a old car regards my TVR in the fact that it was 8 years old but had only done 10k miles but needed a rebuild at only 19k miles but if it had been used it might not have needed one...its hard to know what to do for the best.

Some argue a higher mileage car is better some prefer lower...I suppose its pot luck either way.
 
No, the particular point I was referring to was:

probably had its fair share of hammer around a track which cant help its longevity.
Click to expand...


I.e. the tracked versus non tracked debate, not the high miles versus low ones. Stick with the program :poke:
 
Low production numbers and fantastic spec will always hold value as enthusiasts will always want them.


Having a rare car with an individual build number feels a bit special, as I'm sure the Alpina owners will agree :thumbsup:
 
pvr said:
No, the particular point I was referring to was:

probably had its fair share of hammer around a track which cant help its longevity.
Click to expand...


I.e. the tracked versus non tracked debate, not the high miles versus low ones. Stick with the program :poke:
Click to expand...
Trust me! :oops:

For me personally I would prefer a car that hadn't been tracked...but then at least its been used! :driving:
 
You must log in or register to reply here.
Back
Top Bottom