5 Horrifically Depreciated Fast Cars We've Found In The Classifieds
1. Nissan 370Z Nismo
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
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
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
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
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
LOL, over in the US, 2011-2012 Mustang GT for $15k USD (£12.2k approx)
don’t forget any old mustang ever, in america, these are more common than most other sports/muscle cars
The British 370Z Nismo only has 339 bhp? Ha! my non-Nismo has 332 and the US Nismo has 350. But yeah deprecation worked out for me. $17k (£14k) for my 2009 Touring Sport with 80k miles. :)
370z Nismo? Twin-turbo it and you get godzilla.