Depreciation black hole
Everyone seems to be getting good discounts but it is the depreciation that’s the devil whatever price you pay .Doing some quick calculations on the what car depreciation calculator the top spec XC 60 auto diesels costs about £35000 new .They are worth about £12000 after 4 years a drop of £23000.
A basic car cost £26,000 new and is worth about £10,000 after 4 years a drop of £16000
Even taking £5k discount off the top spec car and £4k of the basic car the proportional differential loss remains the same of £6-7000worth of extras on the top spec cars disappearing into a depreciation black hole.
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