DLax69
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Senseless to just abandon that in the forest. Sigh.
Senseless to just abandon that in the forest. Sigh.
Hard to look worse than a Smart car but drivability will be the same which was never great.A £14,000 kit car based on a Smart Car looks far better I reckon.
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Whereas the actual Alpine A110 seems to get great reviews:Hard to look worse than a Smart car but drivability will be the same which was never great.
0% finance on the S and GT models currently (until the end of March). Add that to relatively low depreciation, and you end up in a fantastic car for a low monthly price. (For those that are happy to rent, rather than buy, their cars, and then use their saved capital to earn money - say, by buying Bitcoin…)Whereas the actual Alpine A110 seems to get great reviews:
Easier to predict the future value of an Alpine, though.0% finance on the S and GT models currently (until the end of March). Add that to relatively low depreciation, and you end up in a fantastic car for a low monthly price. (For those that are happy to rent, rather than buy, their cars, and then use their saved capital to earn money - say, by buying Bitcoin…)
Looking at prices I estimate that 3-5 year old cars have depreciated by around 40%, depending on the mileage. Single owner low mileage cars are holding up best, as you'd expect ... Look to be some potentially good buys as they fall off the Alpine 3 year warranty and go to auction. This low mileage one sold for £33k at auction and is now being offered by a dealer for £39k ...0% finance on the S and GT models currently (until the end of March). Add that to relatively low depreciation, and you end up in a fantastic car for a low monthly price. (For those that are happy to rent, rather than buy, their cars, and then use their saved capital to earn money - say, by buying Bitcoin…)
A £14,000 kit car based on a Smart Car looks far better I reckon.
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Some major investment needed there makes the current Alpine a Bargain to me.OMG: Zagato takes the Alpine A110 to new lengths
Limited edition AGTZ Twin Tail uses the '68 A220 as a stepping-off point for a coachbuilding masterclasswww.pistonheads.com
Very true.
General depreciation on these has been a bit less than 40%. The cars that are approaching 5 years old were only £50k new, and you could still have to pay £40k for a good low mileage one now.Looking at prices I estimate that 3-5 year old cars have depreciated by around 40%, depending on the mileage. Single owner low mileage cars are holding up best, as you'd expect ... Look to be some potentially good buys as they fall off the Alpine 3 year warranty and go to auction. This low mileage one sold for £33k at auction and is now being offered by a dealer for £39k ...
https://collectingcars.com/for-sale/2018-alpine-a110-premiere-edition-4
Yes, I've been taking a closer look at things this afternoon and calculated the depreciation (OTR price to recent auction values) on a sample of five 2018 Premier Edition cars. Over the course of last year these low mileage cars (all under 10K) depreciated between 23 and 36% over 4-5 years. As a potential low mileage user these residual values are a very good prospect ... all things being equal in the future(?). I think Alpine are trying to steer buyers away from the baseline A110 and towards the GT & S models with their 0% finance deal on these cars vs 2.5% on the baseline model. The 3 year / 60,000 mile warranty is worth having too, although, if you actually did 60,000 miles you'd blow the terms of the PCP! I think I need to go for a test drive.General depreciation on these has been a bit less than 40%. The cars that are approaching 5 years old were only £50k new, and you could still have to pay £40k for a good low mileage one now.
The new S and GT cars, with some extras, are more like £70k new. So these are likely to depreciate a little more than the earlier ones did.
However, over the weekend I chatted with an Alpine dealer about a particular car they had in stock. It's available at £75k, and qualifies for 0% finance. But the interesting part is that it has a GFV of £49k, at 3 years old and with 24k miles. Which is amazing. I can't think of another brand new £75k sportscar that would be beat those figures.
In my situation, the car would do less miles than that, so theoretically would be worth more than £49k at the end of the term. But I'd need to add maybe £1k for servicing, so one might cancel the other. Anyway, it boils down to a total ownership cost of about £26k over 3 years - a bit over £700 a month. For arguably the best new sports car available at anywhere around that price bracket.
I'm not bashing Maserati (as the following statement applies to other brands as well), but if you went out and spent £75k on a new (or new-ish) Maserati and ran it for 20k miles over three years, the total cost of ownership would be a Dickens of a lot more than that.
Prices are on the up over here too.Anyone for this Frog?
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