[kceire]

Originally Posted by but43r

You just don't want to listen, do you?

The advertised for car now (not when it was new) will most likely NOT be the sale price. In reality dealer will probably pay 13k-14k for the Fluence as trade in.

Then you have to consider the value of the scraped car (which in most cases was at least 1k). Straight away this means nearly 3k euro depreciation in 2 years in best case scenario and 4k+ in worst case scenario.

3k-4k euro depreciation in 2 years is pretty good - not remarkable though and as I said earlier, no where close to bangernomics territory...

I seen a 12k trade in for sale the other day at 16,950

[mickdw]

Whatever way you cut it though, 4k depreciation is pretty good over 2 years on a new purchase. IMO its very good for a Renault.

[shankespony]

Thanks Mickdw, that was the point of my post , and surprisingly good for a Renault imo

[OSI]

Originally Posted by mickdw

Whatever way you cut it though, 4k depreciation is pretty good over 2 years on a new purchase. IMO its very good for a Renault.

It's 25% of the value of the car

[RoverJames]

Originally Posted by RoverJames

So the folks who bought them new suffered zero depreciation in your view?

Originally Posted by shankespony

I think so roverjames, looks like that on paper anyway. I remember speaking to non Renault dealers in 2010 and they were saying that the depreciation would be like a stone but thats not borne out by sale prices on carzone. A D segment car like the Fluence would lose around €4k a year on average!

Originally Posted by mickdw

Whatever way you cut it though, 4k depreciation is pretty good over 2 years on a new purchase. IMO its very good for a Renault.

Originally Posted by shankespony

Thanks Mickdw, that was the point of my post , and surprisingly good for a Renault imo

No, the point you claimed to be making was that the depreciation was zero, you reckon people paid €15,880 for a Fluence back in 2010 and now the cheapest 2010 Fluence at a dealers is €15,950, you reckon the people got his cash for the car from the dealer and suffered zero depreciation.

If you now are claiming that's not what you said and €4000 is excellent than that's not zero depreciation.

[shankespony]

RoverJames you are correct, I looked at it as almost zero depreciation but didn't factor in what the dealer would give as a trade in which would be alot less than €15,880, but the figures are impressive over 2 years and its alot of car for the money If it does what it says on the box and isn't like previous Renaults then its aN option i'd never really considered.

[RoverJames]

A new Fluence is the guts of €19,000 after the trade in booster, I reckon anyone trading in a 2010 Fluence for one would have to stump up €6000/€7000 at least, not overwhelmingly fantastic really and quite a bit away from depreciation free

[mickdw]

Originally Posted by RoverJames

A new Fluence is the guts of €19,000 after the trade in booster, I reckon anyone trading in a 2010 Fluence for one would have to stump up €6000/€7000 at least, not overwhelmingly fantastic really and quite a bit away from depreciation free

I think its getting away from the point to be talking about cost to change to a new one. That's going to cost a lot given the lack of discount now. The point, as I see it is that it was possible to buy one for 15800 and now 2 years later selling it again for cash and walking away, you would get more of your cash back than could have been expected. They are not a good buy now though.

[-Corkie-]

Originally Posted by mickdw

They are not a good buy now though.

I dont think they ever were a good buy in fairness but its not bad depreciation in fairness especially when you consider the Lexus I was talking about that has lost about 110K in 5 years..