Re: Chelsea tractors 'worthless' as price of second-hand cars plunges 12%.

BrianW  typed:
> On 8 Aug, 06:37, Doug <jag...@riseup.net> wrote:
>> LOL! Rough justice!
>>
>> "Dealers are refusing to take 'worthless' gas-guzzling 4x4s in part
>> exchange amid plummeting values for secondhand cars.
>
> I wonder how the depreciation rate of 4x4s now compares to the
> historical rate.  Is there anyone on this group who drove a 4x4 some
> years ago?  A ratty old Landrover, perhaps?  If so, maybe they could
> let us know.

It's always been the same really.  New 4x4 depreciates for a couple of years
then holds it's value for a few years then drops to a point where it doesn't
drop much more.  Some older, and some relatively new model, Landrovers are
actually appreciating in value.  None of which has a thing to do with oil or
tax prices.

--
Daul P.

http://www.glass-uk.org/
"You would probably do better not to bother with renewable
energy"  Doug, UK.Transport 29/04/2008 08:53.

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Brian (08.08.2008 20:23)