Veteran Ford Member
Join Date: Feb 2002
Location: Searching for a new home
Dethroned - Welcome the NEW depreciation King
For as long as I can remember the BMW 7 Series has held the title of fastest depreciating car in this county - losing 27% of it's original value in the first 12 months, another 20% in the 2nd and 17% in the 3rd for a 3 year resale value of 36%.
Now there might be a new pair of depreciation contenders for the title: both from the beloved blue oval.
Let me see what sort of talented trade valuers we have on here before I reveal the actual figures.
A T3 TE50, 14 months old, 15k km, immaculate and pretty much stock. Original purchase price when new $61,860.
A current model LTD - 12 months old, 14k km, SatNav, roof and usual goodies also in mint condition. Original purchase price $77,106.
Obviously the poll is multi choice so that you can select a range for both - 1 selection for each only please.