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Car Depreciation Calculator?

  • 28-01-2015 10:46pm
    #1
    seligehgit
    Registered Users, Registered Users 2 Posts: 9,286 ✭✭✭


    Hi guys

    Not sure if this is the right place to post this query...Just wondering where I can find a Car Depreciation Calculator for BMW cars for motor insurance reasons..

    Ta

    Selig


Comments

  • #2
    MuppetCheck
    Registered Users, Registered Users 2 Posts: 11,865 ✭✭✭✭MuppetCheck


    No such thing. Taking an average of asking prices is about as close as you can get and even then that doesn't account for discounts etc.

    EDIT - if you know someone in the trade that could give you approx book values it might work?


  • #3
    bazz26
    Registered Users, Registered Users 2 Posts: 51,360 ✭✭✭✭bazz26


    Look up the Original Market Selling Price of the model on the VRT calculator site.


  • #4
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 84,733 ✭✭✭✭Atlantic Dawn
    M


    50% every 3 years would be a rough guide.


  • #5
    lomb
    Registered Users, Registered Users 2 Posts: 6,017 ✭✭✭lomb


    Atlantic Dawn wrote: »
    50% every 3 years would be a rough guide.

    Madness really and people worry about the cost of petrol V's diesel. A 25k car will loose 5 in year one a 50k car 10. The difference in cost between a tank of diesel and petrol and the mpg difference makes precisely no difference at all.


  • #6
    vienne86
    Registered Users, Registered Users 2 Posts: 17,077 ✭✭✭✭vienne86


    Dealers are always very secretive about book values. I traded in recently, and I could see them looking up Carzone to check the value of my car. I had done that myself, and the trade in I got was pretty close.


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