Notices
Europe Forum Area just for 8 owners across the pond.

Residuals, Take 2 : The AA

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 07-09-2003, 05:28 AM
  #1  
Registered User
Thread Starter
 
RobDickinson's Avatar
 
Join Date: Mar 2003
Posts: 1,571
Likes: 0
Received 1 Like on 1 Post
Lightbulb Residuals, Take 2 : The AA

Here

looks more 'in depth' than whatcar.

I'll be doing 17k miles a year so roughly 40ish % after 4 years.
Old 07-09-2003, 05:47 AM
  #2  
Registered User
 
jimbobjoe's Avatar
 
Join Date: Feb 2003
Location: Guildford
Posts: 470
Likes: 0
Received 0 Likes on 0 Posts
Doing 10,000 miles per year, after 3 years it retains 59% of its value.

To put that into perspective I had a look at a few other cars. All 3years/10k miles/year.

Porsche Boxter 2.7 = 64%
Audi TT coupe (225) = 62%
Honda S2000 = 62%

BMW 330i sport = 46%
Subaru Impreza WRZ STi = 43%
Golf R32 = 42%
Alfa 156 GTA = 41%
Vauxhall Vectra 1.8 = 33%

(That last one is just for a laugh !!!)


I think that puts the RX-8 into very good territory for residuals.

Of course still pure speculation, but at least its positive speculation this time
:D
Old 07-09-2003, 05:49 AM
  #3  
Registered User
 
cw007's Avatar
 
Join Date: May 2003
Location: Hertfordshire, UK
Posts: 420
Likes: 0
Received 0 Likes on 0 Posts
for me im looking at 10-12000 per year so its looking good.


at long last something postive at last.
Old 07-09-2003, 06:41 AM
  #4  
Registered User
 
AndyPearce's Avatar
 
Join Date: May 2003
Location: Kidwelly,Wales, UK
Posts: 595
Likes: 0
Received 0 Likes on 0 Posts
With my annual mileage of (at least) 20k I still retain 49% of the value after 3 years - thats very good IMO.
Old 07-09-2003, 08:04 AM
  #5  
Registered User
 
rael's Avatar
 
Join Date: Jan 2003
Location: Kent, England
Posts: 890
Likes: 0
Received 0 Likes on 0 Posts
More good news, cannot cope. Originally this was quite a frightener (£8k in 1st year), but this looks a lot better.

rael
Old 07-09-2003, 10:26 AM
  #6  
www.rx8ownersclub.co.uk
 
c170673's Avatar
 
Join Date: May 2003
Location: Somerset, UK
Posts: 458
Likes: 0
Received 0 Likes on 0 Posts
In reality does anyone actually lose the sort of money the depreiciation figures suggest?
Old 07-09-2003, 10:28 AM
  #7  
Registered User
Thread Starter
 
RobDickinson's Avatar
 
Join Date: Mar 2003
Posts: 1,571
Likes: 0
Received 1 Like on 1 Post
Yes, thats the single biggest 'cost' of owning a new car, and why BMW,porshe and mercede's etc are seen to be such a good buy, because they loose so little value over time.
Old 07-09-2003, 10:35 AM
  #8  
Registered User
 
Hercules's Avatar
 
Join Date: Aug 2002
Posts: 2,744
Likes: 0
Received 1 Like on 1 Post
Originally posted by RobDickinson
Yes, thats the single biggest 'cost' of owning a new car, and why BMW,porshe and mercede's etc are seen to be such a good buy, because they loose so little value over time.
At least on a lease, yea..

For ***** and giggles, I went to the BMW dealer yesterday, and priced out a 330Ci and it wound up being about the same price as the RX-8, and it costs $11000 more in value.

Either way though.. I think I'm going to be happier in the 8.
Old 07-10-2003, 08:55 AM
  #9  
Registered User
 
Contigo's Avatar
 
Join Date: Feb 2003
Location: Newbury
Posts: 260
Likes: 0
Received 0 Likes on 0 Posts
Nah all them figues are just wrong about the 8. It's going to be worth more after 6 months than list price, just like any car where demand outstrips supply.

Also due to the rarity of the vehicle I reckon it will retain 70% of it's value after 4 years.
Old 07-10-2003, 09:00 AM
  #10  
www.rx8ownersclub.co.uk
 
c170673's Avatar
 
Join Date: May 2003
Location: Somerset, UK
Posts: 458
Likes: 0
Received 0 Likes on 0 Posts
I am with Contigo, I truely beleive that if order lead times approach 6 months plu then the pre-order cars will be worth £2K to £3K more than list.

Chris
Old 07-10-2003, 10:18 AM
  #11  
Registered User
 
oilman's Avatar
 
Join Date: Jan 2003
Location: Cornwall, England
Posts: 1,119
Likes: 0
Received 0 Likes on 0 Posts
You're so right!!!

Just look at the new mini (not that I have). Can't get one for love nor money new and secondhand values are higher.

The 8 will be the same, MAZDA will not be able to ramp to their UK targets as long as JAPAN and US demand is strong.

We've seen it already with no advertising. There will NOT be loads of 8's sitting on Dealers forecourts, MAZDA won't allow it.

Hey keep it for 3 years and trade it for the 2006 convertible 4 seat version (now there's a thought!)

That's my plan if they produce one.

Cheers
Oilman
Old 07-10-2003, 10:20 AM
  #12  
Registered User
 
cw007's Avatar
 
Join Date: May 2003
Location: Hertfordshire, UK
Posts: 420
Likes: 0
Received 0 Likes on 0 Posts
Oil,


You have a point there, i said after this experience i wouldnt buy another mazda but a convertible RX8 now that is mouth watering.
Old 07-10-2003, 11:11 AM
  #13  
www.rx8ownersclub.co.uk
 
c170673's Avatar
 
Join Date: May 2003
Location: Somerset, UK
Posts: 458
Likes: 0
Received 0 Likes on 0 Posts
I think the door configuration may have to be adapted a little.

But a fantastic thought none the less.

Chris
Old 07-10-2003, 11:34 AM
  #14  
Registered User
 
ChrisW's Avatar
 
Join Date: May 2003
Location: Herts - UK
Posts: 350
Likes: 0
Received 0 Likes on 0 Posts
Competitive price, low insurance group and now low depreciation. That only leaves fuel consumption for us to whinge about .
Old 07-10-2003, 11:35 AM
  #15  
www.rx8ownersclub.co.uk
 
c170673's Avatar
 
Join Date: May 2003
Location: Somerset, UK
Posts: 458
Likes: 0
Received 0 Likes on 0 Posts
You mean apart from the addtional 3 and half month wait?
Old 07-10-2003, 12:18 PM
  #16  
Registered User
 
rael's Avatar
 
Join Date: Jan 2003
Location: Kent, England
Posts: 890
Likes: 0
Received 0 Likes on 0 Posts
......and torque issue (sorry).

rael
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
reni04
Series I Tech Garage
8
08-21-2015 01:52 PM
zoom44
Series I Tech Garage
3
06-21-2004 11:01 PM
jkranz
RX-8 Discussion
3
05-19-2004 09:57 PM
MarkW
Europe Forum
7
01-29-2003 02:41 AM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Residuals, Take 2 : The AA



All times are GMT -5. The time now is 07:00 PM.