A good news story on new car depreciation. I brought my Wife's Yeti 140bhp 4x4 Elegance new last March for £20,900. (list - £1,600). Sold today to a main dealer for £20,200 with 6k on the clock. Depreciation £700!!
VW group having issues suppling enough 2 litre diesels and hence 6 month waiting list on these cars. Also with VAT @ 20% and price increase in January a good chance the dealer will sell for list and make £2.5k after paying the vat on the sale.
Who would of thought it run a brand new £20K Skoda for £700 depreciation.
