Originally Posted by NFS
I had trade in offers circa £17k for my car when it was 18 months old - ie in March 08.
The £850 a month drop in Nov 08 makes sense though, that's when everything went into freefall.
No I wouldn't have got 20k for it, but it would have cost more than 21k to buy off a forecourt, which was my position coming to the end of the PCP, so I bought it for 19250. ouch.
So 10k a year drop for that it the same as i'll be facing with the 335i payments wise. If things pick up and the 335i is worth more than the GMFV I'll buy it at that price.
It just means overpaying in the mean time (hopefully) as you can't control the GMFV offered.