leasing versus buying - advice required

peterx666

oh_no wrote: »

Have a look at this graph to see the depreciation on a zafira.



£13000 in ONE year.:eek:

Thats really good:T it certainly gives a good idea of the frightening loss in the first year - from £20000 to £7200!!!:eek:

Could apply the ratio of loss but not sure of the exact figures most of the Zafiras 2008 reg I have seen were anything from £9,000 to £10,000 but thats the quoted price - so possibly theres another £3,000 to be beaten out of the seller?

Thanks - great

Pete

motorguy

peterx666 wrote: »

Thats really good:T it certainly gives a good idea of the frightening loss in the first year - from £20000 to £7200!!!:eek:

Could apply the ratio of loss but not sure of the exact figures most of the Zafiras 2008 reg I have seen were anything from £9,000 to £10,000 but thats the quoted price - so possibly theres another £3,000 to be beaten out of the seller?

Thanks - great

Pete

Dont forget though that a £20K vauxhall can probably be bought for £16000, and that that £7200 is the trade price of it. Dealers will add on a 3K gross margin on the car. Dealers may well drop a little, but theres no way a dealer will let you beat him down to his cost price.

I dont imagine too many people will go in and pay £20K list price for a zafira then sell after a year for trade price.

Also, most of the cheapest 08 ones avail will be lower spec smaller engined variants - not a lot of families on a budget want to pay for a bigger engine and higher spec, hence the heavy depreciation on the example.

An entry level Zafira with a list price of £17.5K can be bought new for £14.5K, so if year old ones are around £9K, that sounds about right.