Here's What It Cost Me to Own an Aston Martin For a Year
I just sold my Aston Martin after owning it roughly 10 months - and driving it about 18,000 miles. Watch the video to see exactly what it cost me — or check out my column to peruse the numbers a little more carefully.
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AKA: Half of it’s value when you bought it
Heh, yeah. I didn’t really think of it that way.
The numbers were kinda hard to follow, did anybody catch a mention of a blog or something where I could see the numbers better? Also did he mention what kind of warranty he has?
http://www.autotrader.com/car-video/heres-what-it-cost-me-to-own-an-aston-martin-for-a-year-258376?LNX=SOMEDOUGENPOST
It’s still a good deal compared to buying a new one and selling that after a year. New car depreciation is killer. My previous previous car (a BMW 545i) had been €93,000 new but bought by me at exactly 4 years old for €33,000. I kept it for 5 whole years and sold it for €9,500 and cost me nothing in repairs that whole time. I lost €23.500, which is less than €5,000 per year. On a similar situation right now, my current car was €106,500 new but I bought it at exactly 3 years old with 24,000 miles on it for only €46,500. The original owner lost about 60% of the value in 3 years. I might well also lose 60% over my 3 years of ownership, but it’s 60% of 46k instead of 106k.
New cars are way overrated.
exactly right, I bought my 08’ 335i for $12,000 about 5 years after it was new. At the time the cost was $50,000. The original owner lost 76% in depreciation. But when I drive it m friends think that I paid more that their $30,000 Kia’s and Hyundias’ lol
I get confused Doug DeMuro … this is the one you sold to a Jalopnik writer after your left Jalopnik where you were writing about it, and now the new owner is writing about the car again on Jalopnik?
I love you and Jalopnik… but I’m easily confused by things getting meta.
It’s different now, Tavarish has the car without a warranty or close to ending if i’m correct. He’s going to focus more on modding the car and not an intro or driving reivews of the car like doug did
I’m not from the US. You said tax deductible dollars. Can you use a loss from a car sale to an advantage when you pay taxes in the US?
If writing about that car earns you income, sure.
https://imgflip.com/i/1jwcpt
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