{"id":39,"date":"2016-03-12T14:37:36","date_gmt":"2016-03-12T14:37:36","guid":{"rendered":"http:\/\/blog.mrclutch.com\/?p=39"},"modified":"2016-03-12T09:59:00","modified_gmt":"2016-03-12T09:59:00","slug":"so-you-want-a-new-car-beware-the-fast-track-depreciation","status":"publish","type":"post","link":"https:\/\/www.mrclutch.com\/blog\/so-you-want-a-new-car-beware-the-fast-track-depreciation\/","title":{"rendered":"So, you want a new car? Beware the fast-track depreciation!"},"content":{"rendered":"<p><em>The latest \u201816-plate\u2019 is now with us and the inevitable waves of interest that lead to a desire to own a replacement, newer vehicle are all-around, states motoring journalist, <strong>Iain Robertson<\/strong>, although he urges caution.<\/em>.<\/p>\n<p>While the idea of owning the very latest model can be intense, just bear in mind that the realities of monetary \u2018loss\u2019, resulting from a first year depreciation in the region of 40-50%, can place a sobering influence over reaching the decision. Companies are offered sizable discounts, as a means to motivate sales, but the private individual needing just one car will never receive the same incentives.<\/p>\n<p>In addition, the company can offset running costs and depreciation of business-owned vehicles to its taxes, a privilege nor normally the remit of the private buyer. However, it is easy to understand the attractions of the all-new vehicle, not least because it is sold on the basis of offering high fuel economy and lower repair costs. Depreciation is seldom, if ever, mentioned.<\/p>\n<p>Yet, it is the most important factor that motorists elect to ignore, when being attracted to a shiny new paint finish, a fancy, in-built, sat-nav system and larger diameter alloy wheels. It is also true to suggest that not all new models suffer from plummeting residual values, as the following table highlights:<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<table class=\"table-custom new-rates new-rates-centered\">\n<tbody>\n<tr>\n<th>MODEL:<\/th>\n<th>Average retained value after 3 years (%):<\/th>\n<\/tr>\n<tr>\n<td>Porsche Macan<\/td>\n<td>68<\/td>\n<\/tr>\n<tr>\n<td>Range Rover<\/td>\n<td>61<\/td>\n<\/tr>\n<tr>\n<td>BMW X4<\/td>\n<td>59<\/td>\n<\/tr>\n<tr>\n<td>Audi A1<\/td>\n<td>52<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The latest \u201816-plate\u2019 is now with us and the inevitable waves of interest that lead to a desire to own a replacement, newer vehicle are all-around, states motoring journalist, Iain Robertson, although he urges caution.. While the idea of owning the very latest model can be intense, just bear in mind that the realities of &hellip; <a href=\"https:\/\/www.mrclutch.com\/blog\/so-you-want-a-new-car-beware-the-fast-track-depreciation\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;So, you want a new car? Beware the fast-track depreciation!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":20,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","footnotes":""},"categories":[50],"tags":[],"class_list":["post-39","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other"],"contentshake_article_id":"","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>So, you want a new car? 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