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Skoda Yeti depreciation
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02-24-2011, 03:48 PM | #1 |
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Skoda Yeti depreciation
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.
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02-24-2011, 03:59 PM | #2 |
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Wow, can't grumble at that!
What have you replaced it with? My parents are looking at a Yeti, would you recommend?
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02-24-2011, 04:02 PM | #3 |
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wow - now that is cheap motoring!!
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02-24-2011, 04:11 PM | #4 | |
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Quote:
Fantastic car, they are Golf sized with a bit more space and imo it drives fantastic. Great small family car with the benifit of the higher driving position and they do 45mpg plus the 170 shifts when you need it to. Dealers are great and the equivalent Tigan is £10k more for the same spec as the cars are loaded with Leather, heated seats, 6 cd, turning xenons, blluetooth, 17" alloys. etc, etc as standard. Strangely a bit sad to see it go but was a no brainer to get the money back and not doing enough miles for 3 cars.
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02-25-2011, 02:48 AM | #5 |
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That is bloody good Gibbo.
If I had kept my Octavia vRS I reckon I could actually have turned a small profit after 9 months or so, as it was I only lost a similar amount to you after 3 months. They have stopped the 'no VAT' offer on vRSs now, I have toyed with the idea of just ordering another one to sell on at a profit as I can still get a very healthy Forces discount, but 6 months wait is too long in this market. I think most Skodas have an excellent repuation, particularly as diesels. |
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02-25-2011, 03:04 AM | #6 |
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Fantastic Peter! The well specced Yeti's with the Xenons etc look really good too. That is a cracking deal though - the best I have done was selling the Scirocco to a dealer for £1,800 less than I paid for it, 12 months and 15,000 miles later.
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02-25-2011, 03:09 AM | #7 |
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Result Gibbo
I picked up a mondeo estate as a cheap run around from a Ford dealer last week. The salesman I dealt with had just defected from VW, he said the stress there was too much for him, he was quoting 12 months lead time on some new models, which played havoc with trade in values. He also said VAG didn't give a shiny and had a bit of an "up their own backside" attitude about it all. |
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02-25-2011, 03:23 AM | #8 |
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Evo mag rave about their long term test Yeti, they love it.
They even put track day rubber on it and it humbled plenty of 'sports' cars on their lap times. |
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