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Depreciation over 10 years
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A.J.M
 


Member Since: 31 Oct 2009
Location: Carluke
Posts: 2815

Scotland 2005 Discovery 3 TDV6 HSE Auto Zambezi SilverDiscovery 3

Bought for £12k at 8 years old from private sale, 98k on the clock.
2 years on it may be worth £6k as a trade in, maybe £9-10k private with all the work done on it. 130k on clock.

Don't intend on selling it though. Thumbs Up
  
Post #137883825th Nov 2014 9:49 am
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paulmeryan
 


Member Since: 15 Aug 2011
Location: Glasgow
Posts: 742

United Kingdom 2006 Discovery 3 TDV6 HSE Auto Buckingham BlueDiscovery 3

I too bought for £12k at 6 yrs old w. 126k on the clock. Probably worth less than half that now at 8 yrs old with 150k miles.

Despite what it has and will cost the more miles it covers the better value it gets.
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Post #137885225th Nov 2014 10:27 am
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nearlee
 


Member Since: 15 Dec 2012
Location: where the sheep are scared
Posts: 1777

Wales 2005 Discovery 3 TDV6 S Auto Bonatti GreyDiscovery 3

Seeing as I'm a tight wad, I never pay more than 10k for a vehicle, that includes the d3 that had 90k on the clock 2 years ago and the g4 d2 before it, less to depreciate Mr. Green
  
Post #137889125th Nov 2014 11:41 am
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CDS
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Member Since: 12 Oct 2009
Location: All over the UK!
Posts: 3322

United Kingdom 2008 Discovery 3 TDV6 HSE Auto Tangiers OrangeDiscovery 3

I've kept track of every penny spent on the G4......it works out at £1.62 per mile Shocked
 
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Post #137892725th Nov 2014 1:25 pm
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Robbie
 


Member Since: 05 Feb 2006
Location: ¯\_(ツ)_/¯
Posts: 17932

United Kingdom 2013 Discovery 4 3.0 SDV6 HSE Auto Baltic BlueDiscovery 4

Apparently my house is worth £40k less than a paid for it 7 years ago.

It has done zero miles.
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Post #137893525th Nov 2014 1:38 pm
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Dusty
 


Member Since: 23 Sep 2013
Location: London
Posts: 1022

United Kingdom 2015 Discovery 4 3.0 SDV6 HSE Auto Corris GreyDiscovery 4

M3DPO wrote:
All these figures are a misconception nobody has lost anything on their vehicles Shocked I can never understand owners who have traveled 100+ thousand mile in a vehicle over all types of terrain, towed a trailer, horse box or caravan with up tp 7 people on board and then say they have lost x thousand pounds in depreciation.
It is what it has cost to travel x thousand miles, not how much the vehicle has depreciated in value Thumbs Up


Depreciation has to be taken in to consideration when looking at the total cost of ownership and in the case of Discovery's when buying from new they form a fairly large chunk of the overall cost.

I know us Discovery owners tend to be biased but there other vehicles out there that will cover all of the above for less money. Probably not in such a refined pleasant manor but you pays your money and takes your choice as they say.

As retirement looms ever closer I'm trying to tick both boxes, drive a nice Discovery on a smaller budget, so far it's paid off, but as we all know D3's have a habit of chucking the toys out every so often Smile
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Post #137896325th Nov 2014 2:32 pm
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