2005 STi type UK Residual values- Terrible?

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18 October 2005 | 01:02 PM

#31

DBY

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[QUOTE=Faitha 2 B]

Quote:

Originally Posted by lordretsudo

I'm starting to think it's the worst car buying decision I've ever made!

I'm beginning to think along these lines at the moment too.

I agree with an earlier post too, saying the BMW X5 is an ugly beast, but at least its residuals are a tad healthier, well for the moment at least!

Faitha.

Two year old X 5 petrols are £10k behind book at the mo, If you think your STI has poor residuals wait til you come to PX that.

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18 October 2005 | 01:25 PM

#32

Scooby-Doo

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From: X5 and MCS JCW country....London :)

I have recently purchased a 2nd hand X5. If you are buying new you will loose 10-12k in the first year and if its petrol even more. Have a look at 54 and 05 reg X5 and they loose a massive amount in the first 6 months. The depreciation after year 1 is 4-5k per year.

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18 October 2005 | 03:10 PM

#33

Danny B

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Joined: Oct 2001

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From: Western Canada

Quote:

Originally Posted by pslewis

Very few cars are selling .... and if they are, they are selling on price alone!!

Dealers will always say the car that THEY have is in HOT demand, but, YOUR car now has no buyers whatsoever (and they are doing you a favour, just by considering taking it off your hands!!) ....don't ya' just love 'em??

Pete

Yep, the 2nd hand car market is dead at the moment, things aren't going to get any better with Christmas a few months away and once that has passed the MY06 will be in the showrooms knocking the price down even further.

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