Originally Posted by NFS
Book value (average condition trade in) for my 330i is currently £12k (56 plate / 45k miles).
For a 55 plate / 65k car it's £10k.
So in theory I'm looking at only £2k depreciation over the next 12 months. If the values recover, maybe even less.
Can't bring myself to sell based on those numbers, although I would love a 335i.
In March 08 when i bought my 330i after 2 years pcp (book was 1.8k above the GMFV), it was looking like losing 4-5k in its 3rd year, but the last 10 months have knocked it from 20k to 11k, it seem to be settling at -400pm at by November, but strangely glass's shows -850pm for 55 cars. These monthly drop figures are for November 08.
I'll get January Glass's guide off the father-in-law in February. See what horrors are lurking for 2009!
How you can buy such a beautiful car as the 330i, 3 yrs old for 10 grand is beyond me. In 1997 i paid 14 grand for a 4 year old Sapphire Cosworth 4x4. Which wasn't half the car the 330i is.