Dropping like a stone

[tsedge]

I think the pain is a bit less with the SR SE as it was that much cheaper when new. Trophy models are looking at a 60% drop over 3 years, if you paid list, which isn't great.

 

[Chrisdriving]

I think X Powers are even worse which is ideal for me as mine is leased for now.

WBAC value mine at 17.5 k not even a year old, under 2000 miles.

 

[bedsev]

My insurance just renewed after first year and they put the current value at 22k (down from 38). Did mean the insurance came down though. I have financial gap insurance as I'm sure that the leaseholder would claim it's still worth 38

 

[salty]

I think X Powers are even worse which is ideal for me as mine is leased for now.

WBAC value mine at 17.5 k not even a year old, under 2000 miles.

I've always said, Depreciation on a car is what it is.
Can't do, absolutely Naff all about it. That's why, it's never bothered me. I just get the car I want, and bloody enjoy it.
Simple, really.

 

[Kenp1]

I would say to anyone looking at EV either,
1, Get a massive discount, like the 9,000 we saw off the MGS5 recently.
2, Lease it,
3, Buy second hand.

 

[salty]

I would say to anyone looking at EV either,
1, Get a massive discount, like the 9,000 we saw off the MGS5 recently.
2, Lease it,
3, Buy second hand.

Agree. Never pay full retail. Personally not interested in leasing. Used are fine. But nowt like picking up a Brand New Motor.
But only as said, with a huge discount.

 

[tsedge]

I think X Powers are even worse which is ideal for me as mine is leased for now.

WBAC value mine at 17.5 k not even a year old, under 2000 miles.

Well, yes, but then you are still driving an XPower, which would be worth a lot of depreciation!

Edit: Note that WBAC might buy any car but they don't generally give the best prices and plenty of people report a high initial offer that gets reduced alot when they see the car.

 

[tsedge]

Agree. Never pay full retail. Personally not interested in leasing. Used are fine. But nowt like picking up a Brand New Motor.
But only as said, with a huge discount.

That's good advice. However, when I was shopping there were no discounts, but now I would definitely hunt around for a bargain: new or used.

 

[salty]

That's good advice. However, when I was shopping there were no discounts, but now I would definitely hunt around for a bargain: new or used.

Agree. When a new car first comes out, there are no or very little discounts. So if you really want, you just, pay it. Can't be waiting for 12/18/24 months for it to drop. I was lucky, got £11,500 of my,
X Power. But that was over 12 months after they came out. Although after saying all that, the MGS5 has only been out,
5 minutes, and there's over 10 grand off them already. Perhaps things are changing, which is good for us.

 

[tsedge]

Agree. When a new car first comes out, there are no or very little discounts. So if you really want, you just, pay it. Can't be waiting for 12/18/24 months for it to drop. I was lucky, got £11,500 of my,
X Power. But that was over 12 months after they came out. Although after saying all that, the MGS5 has only been out,
5 minutes, and there's over 10 grand off them already. Perhaps things are changing, which is good for us.

10 grand off already...? I might have to buy one!

 

[Chrisdriving]

Well, yes, but then you are still driving an XPower, which would be worth a lot of depreciation!

Edit: Note that WBAC might buy any car but they don't generally give the best prices and plenty of people report a high initial offer that gets reduced alot when they see the car.

Sold 2 thru WBAC and always been competitive, re leasing the X Power is my third lease car, last two i could have purchased after for a good price.

I got the X Power after waiting for the super lease deals and got mine at 6 months down and £216 a month for 24 months.
Let the lease company take the depreciation then but it at around or slightly above auction from BCA their sell off company at the end.

My last lease a Model 3 SR+ was 40k new when i took delivery of it , adding up the 3 year lease cost plus what they offered to sell it to me for came to 36k , not too bad for a car at the time that you could get zero discount on plus there any interest.

 

[nogbad]

I would say to anyone looking at EV either,
1, Get a massive discount, like the 9,000 we saw off the MGS5 recently.
2, Lease it,
3, Buy second hand.

I bought my Trophy a couple of months ago. It's on a 73 plate with less than 4k - ex-Motability, hence the low mileage for a 19-month-old car. I paid £18k, new would have been substantially more for very little difference in the vehicle; I'm happy to have let someone else take the depreciation hit

 

[fshuk1]

Sold 2 thru WBAC and always been competitive, re leasing the X Power is my third lease car, last two i could have purchased after for a good price.

I got the X Power after waiting for the super lease deals and got mine at 6 months down and £216 a month for 24 months.
Let the lease company take the depreciation then but it at around or slightly above auction from BCA their sell off company at the end.

My last lease a Model 3 SR+ was 40k new when i took delivery of it , adding up the 3 year lease cost plus what they offered to sell it to me for came to 36k , not too bad for a car at the time that you could get zero discount on plus there any interest.

great deal on your xpower !!!

My question is how does such a powerful car drive? do you find yourself speeding all the time?

 

[salty]

great deal on your xpower !!!

My question is how does such a powerful car drive? do you find yourself speeding all the time?

Yes. Seriously though it's up to you. Can't deny it's tempting though.

 

[Chrisdriving]

great deal on your xpower !!!

My question is how does such a powerful car drive? do you find yourself speeding all the time?

It drives as slow and smooth as you could ever wish for, totally happy driving like that or it can be an absolute beast of a car, the acceleration is just insane, car is faultless either way.