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depreciation

I'm thinking of getting an alfa 156 gta. I'm worried about depreciation. I've heard alfa's depreciate quicker than most cars. Any comments? What will a 2 yr old gta be worth say in 2 years time?
 
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Re: depreciation

Newer Alfas depreciate slower than they used to, but I would imagine the 156 GTA would depreciate quickly, not just because its and Alfa, but because of the type of car it is. I know a guy whio has a BMW 330 with a fancy sports kit, and he's lost a massive amount of money despite limiting the mileage and very carefully looking after the car (almost halved in value in two years ).

I dunno how much a GTA would depreciate (Check the www.alfaromeo.co.uk website and do a search for used GTA's). But I guess you've got to balance the experience against any monetary loss. If it was me I'd probably go for it, but I'm a died in the wool Alfisti . Good luck.
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Re: depreciation

Another thing to think of when you're talking about depreciation rates.

BMW's depreciate slowly, but people who buy them new pay full price.

Alfa's depreciate a bit quicker, but you'd have to be a fool to pay list price for a new Alfa. You need to take that new car discount into account, in most of the cases on here I've seen people work it out, they've found that the discount they've been able to get has cancelled out the higher depreciation, and sometimes a bit more besides.

The other thing I'd say is just a personal opinion, but it amazes me that people set out to buy a car and they're already thinking of selling it. I purchase a car because it's the one I want, not because of what it'll be worth to other people 2-3 years down the line.
Imagine if you could buy the most dull car in the world, but it'd save you a bit of money. Would you do it? I certainly wouldn't.
Mind you, this is all easy for me to say, I buy my cars 2nd hand, so I love depreciation, it means I can afford a nicer car

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Re: depreciation

I can't help but change my car every two years if not every year. So what do you think a 2 yr old gta will be worth in two years?
 
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Re: depreciation

The Merc will certainly have better deprication values then a 156 GTA if we are talking percentages.

Your Merc however is a lot more expensive to purchase and I won't be surprised if the absolute depriciation of the two cars are about the same (talking about hard cash, not percentages).

In other words: if you can afford a Merc SLK 320, you can afford a 156 GTA
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Re: depreciation

Well here are a couple of examples -

147 1.6 Lusso with 16" Sport Alloys, Met Paint, Momo Leather

Bought the above car when they first came out and had to order and got no discount. Paid 15.5k. 2 1/2 years later got 7.8k as a part x against a Cooper S Mini.

Anyway the Mini was an overated boneshaker of a car. Paid 16.3k and sold it for 13.8k 1 yr later.

Two quite heavy losses but then i am a true Alfa fan so have bought a 156 2.0 JTS Veloce with Met Paint and Momo Leather.

10months old. List price new was 20.3k and i have just paid 11.8k. And that was from Mangoletsi a main dealer!

Lets face it all cars lose money. Having driven a GTA deppreciation wouldn't come in to the equation it is just the small question of 20mpg that i couldn't live with.

All i am saying is buy either an ex-demonstrator or one that is 1 yr old.
 
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Re: depreciation

Here my 2 cents:

if you buy a GTA you buy it for your all life. I wouldn't sell it.
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Re: depreciation

I guess it really depends on the country. In Japan, the depreciation is almost non-existent on top of the line performance models such as the GTA. Excluding taxes and other charges, I bought a 2006 147 GTA Selespeed for 3,690,000 yen - the list price is 4,380,000 yen, which means Alfa gave me a discount of 690,000 yen.

I checked an online car auction website and found that the cheapest GTA from 2 years ago (with 9000km on it) went for 3,480,000 yen, almost the same price I paid new! The web site is here (though in Japanese, with the pictures you should be able to follow it):

http://www.carsensor.net/cgi-bin/CS/...003A&CAR=AF_12
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Re: depreciation

Quote:
Originally Posted by GTACharlie
I bought a 2006 147 GTA Selespeed
Uou! Are you coming from the future, Charlie?
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Re: depreciation

Quote:
Originally Posted by curvature
Well here are a couple of examples -

147 1.6 Lusso with 16" Sport Alloys, Met Paint, Momo Leather

Bought the above car when they first came out and had to order and got no discount. Paid 15.5k. 2 1/2 years later got 7.8k as a part x against a Cooper S Mini.

Anyway the Mini was an overated boneshaker of a car. Paid 16.3k and sold it for 13.8k 1 yr later.

Two quite heavy losses but then i am a true Alfa fan so have bought a 156 2.0 JTS Veloce with Met Paint and Momo Leather.

10months old. List price new was 20.3k and i have just paid 11.8k. And that was from Mangoletsi a main dealer!

Lets face it all cars lose money. Having driven a GTA deppreciation wouldn't come in to the equation it is just the small question of 20mpg that i couldn't live with.

All i am saying is buy either an ex-demonstrator or one that is 1 yr old.
 
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Re: depreciation

I'm buying a 2yr old GTA for about 16k, will it depreciate much in 2 yrs
 
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Re: depreciation

probably not, unless you are doing too many miles
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Re: depreciation

The 2 first years are the worst for depreciation, I think. The second you take yout brand new car out of the dealership you're already losing money.
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Re: depreciation

Quote:
Originally Posted by THROTTLEMAN
The 2 first years are the worst for depreciation, I think. The second you take yout brand new car out of the dealership you're already losing money.
Ok thats depreciation out of the way....

The most important thing about the GTA is appreciation !

I appreciate having a car like this to make me smile in the mornings

I appreciate the GTA environment during long motorway slogs

I appreciate the V6 with the 6 Speed gearbox.

I appreciate the envious glances people give me....

I appreciate a company fuel card

Simon
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Re: depreciation

amen!
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Re: depreciation

Quote:
Originally Posted by alfa156man
Ok thats depreciation out of the way....

The most important thing about the GTA is appreciation !

I appreciate having a car like this to make me smile in the mornings

I appreciate the GTA environment during long motorway slogs

I appreciate the V6 with the 6 Speed gearbox.

I appreciate the envious glances people give me....

I appreciate a company fuel card

Simon
You only missed this line: if you buy a GTA you buy it for your all life.

Amen.
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