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Skoda depreciation value over 3 years

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atrixo | 21:24 Sat 01st Sep 2007 | Cars
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We're looking to purchase a new Skoda Octavia Elegance 1.9 Diesel and need to work out how much approx. it may depreciate in the next 3 years... does anyone out there have a rough idea? thanks. (we're thinking of a 1.9 approx �14.5K
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Why buy new? You're only lining the dealer's pocket. If you gave the keys back to him immediately he'd knock �2-3k off the price before he'd even consider buying it back - even though it's not even left his showroom.

I'd always buy a nearly-new, secondhand model. For the same money, you can often go up a class too. The website that gives you the depreciation graph advises the same. Think REALLY hard before you buy a new car. You lose a packet.
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thanks to you both, you've been very helpful! It IS depressing and I do get your point about buying nearly new 2nd hand. HHmmm Food for thought....

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