A sobering reminder (car prices)

[gbb]

2020 I brought my 2018 Mazda 3, cost was £11k.
Assisted my granddaughter today while she brought a new (to her) car, a 2019 Hyundai 130 N, really nice car, I'd actually have one...but, while we were there I mosied round the lot and found a 2018 Mazda 3, exactly the same spec as mine...£10,400.

So give or take, 2020, £11k got you a two year old car
Fast forward to now, same ish money buys you the same car but now it's a 7 year old car.

 

[si_c]

Constantly surprised when I check that Mrs C's car has only depreciated about 10% in the 9 years we've had it.

Edit to add: although she is a very low mileage user, so the car has gone from slightly above average to well below.

 

[november4]

thats why the car DIY thread is so popular, folk holding onto their main or second family cars