What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks
Estate of the nation
My wife insisted that I wrote to you before rushing headlong in pursuit of another zany half-baked plan. My bitch (not my esteemed wife) is that I have paid millions in depreciation in 40 years of car ownership. The plan? Buy a car that will appreciate. The idea is to keep our new Volvo C30 until it starts appreciating. (There is a catch here, which is that we won't live long enough, but back to the plan.) We also have a Renault Laguna Tourer on lease that is due to go back to Renault. We need an estate car from time to time to carry mowers for repair, go to the dump, help daughters move their worlds and take the dogs places, even holidays. The answer: a Citroen Safari. Am I mad? If I am then a Mercedes E Class 200 estate.
Asked on 22 May 2010 by P.R., via e-mail
Answered by
Honest John
I see what you mean. But with Sterling plummeting (and continuing to plummet), our wonderful currency is actually dropping faster than the asset values of a lot of cars anyway. Many new car prices rose 15% - 20% last year and will probably do so this year again. So, whatever the other rates of inflation we have New Car Price Inflation of 15% - 20%. Buy right and buy the right new car in the first place and you won't lose much in ££££s. That said, if you still want to go for a golden oldie, the best guy for a W124 estate is Nicholas Froome at www.w124.co.uk
Dear Honest John,
Please help me choose my next car. I would like it to have:
Please help me choose my next car. I would like it to have:
Similar questions
I have a new Porsche Macan diesel on order and have an early delivery slot (late April). Given it's now sold out for this year and no one has even driven it yet, do you think I could keep it for a year...
When do you think second hand prices of petrol and diesel cars will get back to the historical norm when a car lost 50% of its value in the first three years?
I've been looking at second hand prices on low mileage 2012 Insignias. Cars that cost £24,000 new are being sold via Auto Trader for around £10,000 a few months later. I know nobody pays the full list...
Related models
Comfortable, with reasonable ride. Nicely styled interior. Four wheel steer GT has remarkable handling.
Good looking hatchback successfully facelifted. Comfortable for four adults. DRIVe diesel with stop start under 100g/km CO2 from mid 2010.