Quote:
Originally Posted by hrp123
Yeah, I didn't think about that one. Good point! On a PCP for a new car they are showing the value of the car at £22,547 a the end of four years, mine is 5 years old right now and getting a trade in value of £23K.
|
That £23k for a five year old must have some over allowance in it as discount off the replacement car as four year olds are trading at about that. Mind your's has low miles but I still think that figure is a couple of k heavy.
PS I was surprised how cheap one year cars are now, retailing at high thirties. Sure these maybe low spec but nevertheless they offer good value. It makes me wonder if lots will be underwater on GFVs in due course which will only hit residuals further as people hand them back. My GFV is nearly £24k at four years old and whilst I love the car it might make sense just to hand it back and start again.
__________________
MY20 XC90 T5 Momentum - sunroof, air suspension and some other bits
Last edited by Discoman; Sep 22nd, 2020 at 12:37.
|