As the economy enters a new phase of doom are we going to see significant bargains in certain prestige cars and other luxury items?
Seems you can already get an Aston Martin V8 Vantage or DB9 for around £30k. Looking at prices for the older DB7 it appears the baseline for these may be not much less than £20k in another 10 years, so not bad depreciation at all. I've lost 10k on a car in less than a year before now.
Maybe there are certain Porsches and other decent cars that will hold up the same, while not being too costly to run and can still be used for daily driving/commuting without much compromise if not doing many hundreds of miles a week.
Seems a no brainer when you see how much other more mainstream cars costing £20k to £30k depreciate in just a few years. The lower depreciation would offset the higher servicing and fuel costs.
So a brand new Vauxhall/Ford/VW or a 5 year old Aston Martin? That shouldn't even be a question on here.
[also a fun way of storing some of the warchest to protect against bank thievery or sterling devaluation ]
Seems you can already get an Aston Martin V8 Vantage or DB9 for around £30k. Looking at prices for the older DB7 it appears the baseline for these may be not much less than £20k in another 10 years, so not bad depreciation at all. I've lost 10k on a car in less than a year before now.
Maybe there are certain Porsches and other decent cars that will hold up the same, while not being too costly to run and can still be used for daily driving/commuting without much compromise if not doing many hundreds of miles a week.
Seems a no brainer when you see how much other more mainstream cars costing £20k to £30k depreciate in just a few years. The lower depreciation would offset the higher servicing and fuel costs.
So a brand new Vauxhall/Ford/VW or a 5 year old Aston Martin? That shouldn't even be a question on here.
[also a fun way of storing some of the warchest to protect against bank thievery or sterling devaluation ]
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