5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

These cars have barely left the showroom, and yet they've shed a huge amount of their original values already
5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

1. Nissan 370Z Nismo

5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

The 370Z Nismo’s whopping £10,000 premium over the standard Z was always hard to swallow, but there is a solution: get this 2015 example that’s a year old and has under 3000 miles on the clock, and that £10k disappears thanks to the wonders of depreciation. It’s not the only one, either: there are loads of massively depreciated Nismo’d Zs in the classifieds, including the car above that’s £8000 under the original price despite having only clocked 501 miles. Yep, we’re talking £16 a mile of depreciation for this old-school, 339bhp coupe. Yikes

2. Volvo V60 Polestar

5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

You can no longer buy Volvo’s loveable V60 Polestar with a 3.0-litre turbocharged straight-six, as it’s been replaced with a downsized 2.0-litre version. But that’s fine, as you probably wouldn’t want to buy one new anyway. Why? Have a search in the classifieds and you’ll see why.

This example is nearly new - it’s a 2015 car, and has under 8000 miles on the clock. ‘Barely run in’ is what a car dealer would probably call it. And yet, it’s up for £31,995, nearly £18,000 less than the original £49,785 Volvo charged for it when new. £18k! We even found one with just 968 miles on the clock for £36,500, equating to £13.70 in depreciation per mile.

Give it a few years and a little more depreciation, and these 345bhp wagons will be utter bargains.

3. Bentley Mulsanne

5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

Bentley expects you to cough up £229,360 for one of its Mulsanne uber saloons, but savvy gazillionaires who aren’t too fussed about picking their own options could look to the used market instead.

Sure, speccing options is half the point of a Bentley, but if you get a used one, you’ll save a huge chunk of money. This 2016 model has 100 miles on the clock, and yet it’s selling for £159,950. Yep, a near-£70k drop and a staggering £694 a mile in depreciation, before you’ve even even considered what options it has fitted.

4. BMW i8

5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

The i8 has experienced quite a turnaround in the used market. Initially, a long waiting list meant we saw nearly new examples popping up for big premiums, but now, cars only a year or so old are up for £25,000 less than the original price paid after the UK Government’s £5000 grant.

Here’s a car with just over 4000 miles on the clock for £75,795, getting on for a quarter less than what would have been paid for it originally before options. Not bad for a futuristic hybrid sports car that looks like nothing else on the road.

5. Hyundai Genesis

5 Horrifically Depreciated Fast Cars We've Found In The Classifieds

While the i8’s hefty deprecation might come as a surprise, a big, V6-powered Hyundai shedding thousands as soon as it leaves the showroom is as predictable as Mercedes winning an F1 race. In fact, these cars have depreciated so hilariously, that I’m including one in this list even if it’s stretching the description of ‘fast’ a little. But hey, 304bhp isn’t bad.

How hilarious are we talking? Well, like the Mulsanne we discussed about earlier, this Genesis is on delivery mileage (100 miles), and is selling for £29,950, some way off its £48,946 original price. A fall of nearly £20,000, amounting to £189.96 per mile in depreciation. And there’s one for with a few more miles for £24,991 - damn near half the list price. Like I said, hilarious depreciation.

What other horribly depreciated, nearly new fast cars have you seen in the classifieds?

Comments

Anonymous

This is why you never buy a new car unless you a rich jackass who gets all the more rare cars and make big bucks just flipping them on the secondary market. Dont care what it is it will depreciate like mad. Buy a 1-3 year old car with less than 10k on it and you will still get that new car you want at a substantial discount.

10/17/2016 - 17:03 |
1 | 1
Anthony Ferrante

My Fisker Karma retailed for 111k when it was new, and I paid 23k for it when I got it a few years later.

10/17/2016 - 17:17 |
4 | 0

wow, that’s a lot

10/18/2016 - 08:26 |
1 | 0
Anonymous

Don’t tell people about the V60 polestar, I need one!

10/17/2016 - 17:27 |
13 | 0
Anonymous

In reply to by Anonymous (not verified)

Same! I always wanted a fast tank named after a star. Jokes aside it’s an awesome machine and I really want one…

10/18/2016 - 08:37 |
1 | 0
MrWafflez

I thought the Genesis was powered by a V8?

10/17/2016 - 17:54 |
0 | 0

There might be a V8 in some markets but I think the only one we get here is a 3.8-litre V6

10/17/2016 - 21:44 |
0 | 0
Anonymous

That i8 though!

10/17/2016 - 18:12 |
0 | 0
Matt Robinson
Matt Robinson

In reply to by Anonymous (not verified)

Suddenly the i8 is looking like my realistic mid-engine dream car, rather than a first-gen V8 R8. i8s still tumbling, R8s levelling off…

10/17/2016 - 21:45 |
1 | 0
Joshua Desson

Infiniti q70 that my dad bought had 1.5k miles and was a test drive car(so well maintained) and was literally half the price of it brand new

10/17/2016 - 18:50 |
0 | 0
Anonymous

The Cadillac ATS depreciates pretty fast too

10/17/2016 - 18:58 |
0 | 0
Ben Anderson 1

And then you have my Mustang, that (in the UK) holds 96.5% of its value after 1 year. I call that a solid investment. ;)

10/17/2016 - 19:35 |
2 | 0

Yep, if you’re going to buy a new car, that’s the sort of thing you want to get! Plus Focus RS, M2 etc…

10/17/2016 - 21:46 |
1 | 0
TumTuned

I bought my 2001 Mercedes-Benz SL600 earlier this year for $9,995. v12 engine, less than 90,000 miles on the clock.

Price when new…. around $150,000.

10/17/2016 - 20:30 |
15 | 0

should have bought one from 2003-later, seeing as they are the ones with 493 HP

10/20/2016 - 01:17 |
0 | 3
V-Tech and EcoBoost kicked in yo

In reply to by TumTuned

well, I hope you know how to repairs, other wise, its going to be 150,000 to the stealership mechanic

10/21/2016 - 20:07 |
0 | 0
The S2K Guy

Soon everything will be affordable as shoes

10/17/2016 - 22:32 |
0 | 0

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