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Depreciation over 10 years
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Barn1e
D3 Decade 


Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021

United Kingdom 2005 Discovery 3 TDV6 S Auto Tonga GreenDiscovery 3
Depreciation over 10 years

I happened to look at the order form for my D3 when bought back in early 2005. £27000 with some extras. Take off perhaps £7000 residual value now and that works out at £2000 a year. If I also (wrongly) take off the trade in value of my old VW Sharan Crying or Very sad in 2005 , then it is less than £1000 per year Thumbs Up

Not bad for a car that is still a great drive and with help of this forum is not too costly to maintain.
 2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.  
Post #137561318th Nov 2014 6:25 pm
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A1GSS
 


Member Since: 12 Sep 2010
Location: Saffron Walden, Essex
Posts: 4691

England 

Manmaths working to perfection. Excellent Smile
 ____
Gone: 10MY L320 RR Sport HSE, Ipanema Sand
Gone: 20MY Jaguar iPace HSE, Silicon Silver
Gone: 17MY RR Evoque SE Tech, Loire Blue
Gone: 08MY Discovery 3 XS, Stornoway Grey
Gone: 07MY FFRR TDV8 Vogue, Stornoway Grey 
 
Post #137562118th Nov 2014 6:48 pm
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Bradders
 


Member Since: 21 Oct 2014
Location: Ashford, Kent
Posts: 126

United Kingdom 2007 Discovery 3 TDV6 XS Auto Java BlackDiscovery 3

'Manmaths' Rolling with laughter I don't think thats bad at all! Before I had my D3 I had a new Fiesta ST and in less than a year I lost over £7000 Censored never buying new again......well maybe a Discovery at some some point Whistle

Brad
  
Post #137569618th Nov 2014 8:37 pm
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Barn1e
D3 Decade 


Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021

United Kingdom 2005 Discovery 3 TDV6 S Auto Tonga GreenDiscovery 3

Now you have me checking my maths, which I managed to get wrong Big Cry I missed off the £5000 VAT, so the depreciation is still only £2500 per annum, or using my glass half full argument, £1500 pa Rolling with laughter
 2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.  
Post #137570118th Nov 2014 8:49 pm
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DSL
Keeper of the wheelie bin 


Member Since: 11 May 2006
Location: Off again! :-)
Posts: 72786

Ukraine 

£7.90 a day. Thumbs Up
   
Post #137571018th Nov 2014 8:57 pm
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Barn1e
D3 Decade 


Member Since: 28 Aug 2006
Location: Mid-sussex
Posts: 2021

United Kingdom 2005 Discovery 3 TDV6 S Auto Tonga GreenDiscovery 3

£7.90 per day - so I have paid for the Disco by not drinking two pints per day. I must tell SWMBO, sounds like brilliant justification to me.
 2005, TDV6 S, Auto, 190k miles, owned from new, V8 Brake Upgrade, Nancom Evo, RLD protector, BAS EGR blanking & Remap, separate ATF cooler, changing all the fluids ahead of time.  
Post #137572918th Nov 2014 9:29 pm
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blue meanie
D3 Decade 


Member Since: 04 Aug 2005
Location: Newbury
Posts: 6861

United Kingdom 2006 Discovery 3 TDV6 SE Manual Cairns BlueDiscovery 3

Back of the envelope maths; from when I bought new to a ballpark value looks to be about £9 a day depreciation over 9ish years, factor in an average cost of service, tyres, warranty etc of about £1500 per year comes out at about £50K down the pan over the time Shocked it's only money Laughing
 and theeeeennn......???  
Post #137573218th Nov 2014 9:30 pm
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Moo
D3 Decade 


Member Since: 13 Aug 2010
Location: Wiltshire
Posts: 13906

Ukraine 2005 Discovery 3 TDV6 S Manual Zambezi SilverDiscovery 3

I paid £34k for mine. It's probably worth £6k

It's 116 months since I bought her so thats £28k / 116 = £241 per month in depreciation or £2892 per year.

I'm quite happy with that. She's also ridiculously reliable. Thumbs Up
  
Post #137573518th Nov 2014 9:31 pm
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DSL
Keeper of the wheelie bin 


Member Since: 11 May 2006
Location: Off again! :-)
Posts: 72786

Ukraine 

I'm not going to work out the rest, would be far too depressing. Especially when I bought the car diesel was 80odd pence a ltr. Plus maintenance, warranty costs & other running costs. About the same as my first house. Big Cry Big Cry
   
Post #137573618th Nov 2014 9:34 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

I made the school boy error of buying brand new in 2004 and selling at the end of the 3 year warranty. It had been in to main dealers so many times for warranty work I didn't fancy taking on the repair bills myself. There wasn't the DIY knowledge around in those days or forums like these to help keep the maintenance bills realistic.

Anyway, bought for around £35k and sold for £20k Big Cry A cool £5k a year.

Now in a 55 plate HSE that cost me £11k, can't see that dropping below £5k in the next 3 years so a much better investment. Added bonus is that so far been far more reliable than the brand new one I had!!!
 Discovery 4 HSE
SDV6
2015 
 
Post #137880625th Nov 2014 8:14 am
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Syd
 


Member Since: 02 Nov 2008
Location: Spain & Hampshire UK
Posts: 860

United Kingdom 

Mine was an ex Demo, doing ALL the maths Big Cry has made me feel quite ill. Censored Rolling with laughter
 In Spain - 2018 F Pace - Down and out's Velar
In UK - Dare not say on this Forum
Gone - Lots of Lode Lane vehicles.
- Beta User 
 
Post #137881125th Nov 2014 8:34 am
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grahamk
 


Member Since: 28 Feb 2010
Location: Dumgoyne
Posts: 1473

Scotland 2005 Discovery 3 TDV6 HSE Auto Java BlackDiscovery 3

This has made me feel happy...

Bought in 2009 from Main dealer for 17.5k I would hazard a guess at 9k value now = £1700 a year
 3 Flash Indicators
Clock on Dash
GVIF & Reverse Camera
D4 Bluetooth
EGR's Blanked 
 
Post #137882425th Nov 2014 9:00 am
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M3DPO
 


Member Since: 22 Sep 2010
Location: Notts.
Posts: 8096

England 2014 Discovery 4 3.0 SDV6 HSE Lux Auto Corris GreyDiscovery 4

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
 It can when others can't,
It will when others won't,
It goes where others don't. 
 
Post #137882625th Nov 2014 9:18 am
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Scarab
 


Member Since: 11 Jun 2011
Location: Hastings
Posts: 1283

United Kingdom 2006 Discovery 3 TDV6 HSE Auto Buckingham BlueDiscovery 3

Thankfully I wasn't the original purchaser of my car. Which is a 56 plate HSE.

The original buyer somehow managed to pay £42k for it according to the invoice! Bought it at 7 years old with service plan and WD warranty thrown in for £13k
They swapped it for a 08 Plate Mondeo! That's got to be the worst depreciation ever with a huge kick in the teeth to boot of having to drive a Mondeo.


One thing I will say is that with all the fun and trips we've had in the D3 since we bought it I know I haven't lost a penny. When you can pay £8k for a First Class Flight around the world these days, the D3 seems an absolute bargain Thumbs Up

If I add up all the airline tickets I've paid big money for to be wafted around the world in luxury, the D3 does it for me every day.

The wife's Astra we paid over £20k for at the begging of the year though.....now that just feels I've been bent over and used....dry.
  
Post #137882825th Nov 2014 9:20 am
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Pelyma
  


Member Since: 06 Jan 2005
Location: Patching, Sussex
Posts: 15496

England 

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


Thumbs Up
 DS3 TDV6 HSE - Silver with Alpaca (old one) Gone
DS3 TDV6 HSE- Silver with Alpaca (new one) Gone
D4 HSE Lux - Montalcino Red Gone
Porsche Cayenne V8 Diesel S 
 
Post #137883225th Nov 2014 9:40 am
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