Welcome to the North American Subaru Impreza Owners Club Saturday August 23, 2014
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Here you can view your subscribed threads, work with private messages and edit your profile and preferences Home Registration is free! Visit the NASIOC Store NASIOC Rules Search Find other members Frequently Asked Questions Calendar Archive NASIOC Upgrade Garage Logout
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads.
Reply
 
Thread Tools Display Modes
Old 11-26-2008, 01:06 PM   #1
AVANTI R5
Scooby Guru
 
Member#: 73805
Join Date: Nov 2004
Default Mini the slowest-depreciating car in 2008




In Europe


Quote:
EurotaxGlassís, the used car value expert, has made public its list of the top 10 2008 slowest-depreciating cars. At the top of the list for two consecutive years is the Mini, with the Mini One D showing the best investment over a three year period.

In spit of it topping the list of 55-plate vehicles with accumulated travel distance of 37,000, the Mini has still lost almost eight percentage points in contrast to the same list last year, holding on to 63.2 per cent of its original value.



The Citroen C1 places second on the list, keeping 61.2 per cent, just ahead of the Ferrari F430, which stuck to 60.9 per cent of its original price tag. Also in the list are the Lamborghini Murcielago and Porsche 911 Carrera. However, these three are improbable as to cover the high mileage upon which the residual value is measured, making them slower real-world depreciators than the review actually shows.



The car that performed the worst, based on the Glassís review, is the Alfa Romeo 166, with a three-year-old model holding on to a meager 12 per cent of its original price. That makes a 55-plate Alfa Romeo 166 3.2 V6 Lusso worth only a little over £3500 ($5,350 or Ä4,150).

* Registered users of the site do not see these ads.
AVANTI R5 is offline   Reply With Quote
Old 11-26-2008, 01:35 PM   #2
Ghosthound
Scooby Specialist
 
Member#: 110979
Join Date: Mar 2006
Location: Sacramento, Ca
Vehicle:
2010 FJ Cruiser
1999 Miata

Default

woot woot!
Ghosthound is offline   Reply With Quote
Old 11-26-2008, 01:38 PM   #3
ej205gga
Scooby Newbie
 
Member#: 39249
Join Date: Jul 2003
Vehicle:
-1 Impreza
EA71,EJ222,EJ205

Default

It out performed my mutual funds!
ej205gga is offline   Reply With Quote
Old 11-26-2008, 01:43 PM   #4
AVANTI R5
Scooby Guru
 
Member#: 73805
Join Date: Nov 2004
Default

Quote:
Originally Posted by ej205gga View Post
It out performed my mutual funds!

thats funny..
AVANTI R5 is offline   Reply With Quote
Old 11-26-2008, 01:53 PM   #5
Len
Scooby Specialist
 
Member#: 39937
Join Date: Jul 2003
Location: SF Bay Area
Vehicle:
2011 328i 6MT
LMB

Default

Quote:
The car that performed the worst, based on the Glassís review, is the Alfa Romeo 166, with a three-year-old model holding on to a meager 12 per cent of its original price. That makes a 55-plate Alfa Romeo 166 3.2 V6 Lusso worth only a little over £3500 ($5,350 or Ä4,150).
Ouch, I knew people didn't trust a used Alfa, but 88% drop in 3 years!

How does a company even deal with a perception like that?
Len is offline   Reply With Quote
Old 11-26-2008, 01:58 PM   #6
rallymaniac
Scooby Specialist
 
Member#: 52189
Join Date: Jan 2004
Chapter/Region: MWSOC
Location: Elgin, IL
Vehicle:
2006 MINIiiiiii
:)

Default

That's UK, almost nothing holds value there. You can loose 50% on some cars in just 1 year. Not really comparable to USA as here cars are much more valued at their resale point
rallymaniac is offline   Reply With Quote
Old 11-26-2008, 03:13 PM   #7
Calamity Jesus
Scooby Guru
 
Member#: 44501
Join Date: Oct 2003
Chapter/Region: South East
Location: in a minefield of caddishness.
Vehicle:
1984 "Skeletor from
"He-Man"

Default

Quote:
Originally Posted by ej205gga View Post
It out performed my mutual funds!
Stock index racer.. the new magazine racer.
Calamity Jesus is offline   Reply With Quote
Old 11-26-2008, 06:32 PM   #8
Chuck Jones
Scooby Specialist
 
Member#: 153449
Join Date: Jul 2007
Chapter/Region: NESIC
Location: Peterborough, NH/Woo, MA
Vehicle:
2008 WRB w/ moreRPF1
Replaced East Coaster

Default

Quote:
Originally Posted by Beaverboy View Post
Stock index racer.. the new magazine racer.
Next issue: Supercharging your 401K for fun and profit.


The mini is a very nice, on paper, blend of performance, efficiency, and features usually only found in larger cars.

This has gotten to a ridiculous point in the states though, especially with the drop in stock Mini saw a few months ago. Some dealerships are selling used ones for 3-5 grand more than new.

It will be interesting to see what happens when other high end fuel efficient offerings start showing up (ie top of the line Fiestas). It would be interesting to see for instance, how the Mini Cooper fairs in a comparison to a honda Fit, which now offers features like bluetooth and a nav.
Chuck Jones is offline   Reply With Quote
Old 11-26-2008, 06:48 PM   #9
Skunkers
Scooby Specialist
 
Member#: 115480
Join Date: May 2006
Location: St. Pete, FL
Vehicle:
2002 RSX-S
Desert Silver

Default

Quote:
Originally Posted by Chuck Jones View Post
Next issue: Supercharging your 401K for fun and profit.


The mini is a very nice, on paper, blend of performance, efficiency, and features usually only found in larger cars.

This has gotten to a ridiculous point in the states though, especially with the drop in stock Mini saw a few months ago. Some dealerships are selling used ones for 3-5 grand more than new.
You mean more than new MSRP, or literally more than they were selling new cars for? If the latter, is that even possible? What kind of knucklehead would buy a used car in that case?
Skunkers is online now   Reply With Quote
Old 11-26-2008, 06:54 PM   #10
Chuck Jones
Scooby Specialist
 
Member#: 153449
Join Date: Jul 2007
Chapter/Region: NESIC
Location: Peterborough, NH/Woo, MA
Vehicle:
2008 WRB w/ moreRPF1
Replaced East Coaster

Default

In the seattle area, where there is one actual mini dealership, they were/are still to a lesser degree, selling the used car for more than the MSRP of a new one. This was back when you could only get a mini if you had pre-ordered months in advance and every new car on the lot was pre-sold.

So they were jacking up the prices of their lightly used models (10,000 to 15,000 miles) to above the price of what they would have been originally. The highest I recall seeing was in the 4 to 5 K range at the height of the lack of Minis. Some of these cars were loaded, but the average was around 2 k over when similarly equipped. This is all on the dealerships website.

Last edited by Chuck Jones; 11-26-2008 at 07:02 PM.
Chuck Jones is offline   Reply With Quote
Old 11-27-2008, 12:50 AM   #11
ej205gga
Scooby Newbie
 
Member#: 39249
Join Date: Jul 2003
Vehicle:
-1 Impreza
EA71,EJ222,EJ205

Default

Are those the Mini GP? They are rare and already "collectible".
ej205gga is offline   Reply With Quote
Old 11-27-2008, 03:52 AM   #12
Ghosthound
Scooby Specialist
 
Member#: 110979
Join Date: Mar 2006
Location: Sacramento, Ca
Vehicle:
2010 FJ Cruiser
1999 Miata

Default

Quote:
Originally Posted by Chuck Jones View Post
Next issue: Supercharging your 401K for fun and profit.


The mini is a very nice, on paper, blend of performance, efficiency, and features usually only found in larger cars.

This has gotten to a ridiculous point in the states though, especially with the drop in stock Mini saw a few months ago. Some dealerships are selling used ones for 3-5 grand more than new.

It will be interesting to see what happens when other high end fuel efficient offerings start showing up (ie top of the line Fiestas). It would be interesting to see for instance, how the Mini Cooper fairs in a comparison to a honda Fit, which now offers features like bluetooth and a nav.
i know im going to come off biased but i dont think a fit with bluetooth/nav is going to attract the same customer.
Ghosthound is offline   Reply With Quote
Old 11-27-2008, 03:59 AM   #13
Chuck Jones
Scooby Specialist
 
Member#: 153449
Join Date: Jul 2007
Chapter/Region: NESIC
Location: Peterborough, NH/Woo, MA
Vehicle:
2008 WRB w/ moreRPF1
Replaced East Coaster

Default

Quote:
Originally Posted by Ghosthound View Post
i know im going to come off biased but i dont think a fit with bluetooth/nav is going to attract the same customer.
Not for the Cooper S customer. Part of the allure of the Mini Cooper is the great mileage + styling + high level kit like bluetooth and nav. The fact that more and more small cars are beginning to hit it in the amenities and soon styling and feel.

The mini is the anti-econobox econo car for some and now other companies are going to be coming at that market hard. A better example is the new Alfa Mio(???) but it's small fwd car that competes directly with the Cooper S.

I mean wouldn't a slinkier two door version of the fit with a light pressure turbo, great handling, and good mileage have made you think twice about the mini?
Chuck Jones is offline   Reply With Quote
Old 11-27-2008, 08:34 PM   #14
Godmal
Scooby Specialist
 
Member#: 4934
Join Date: Mar 2001
Chapter/Region: MWSOC
Location: LITH, IL
Vehicle:
2007 White STI LTD
Grey Mazda 5

Default

Quote:
Originally Posted by Chuck Jones View Post
Not for the Cooper S customer. Part of the allure of the Mini Cooper is the great mileage + styling + high level kit like bluetooth and nav. The fact that more and more small cars are beginning to hit it in the amenities and soon styling and feel.

The mini is the anti-econobox econo car for some and now other companies are going to be coming at that market hard. A better example is the new Alfa Mio(???) but it's small fwd car that competes directly with the Cooper S.

I mean wouldn't a slinkier two door version of the fit with a light pressure turbo, great handling, and good mileage have made you think twice about the mini?
That's the thing about it, its all in the marketing. Honda markets the fit as an econobox. The mini is marketed as a premium car for not much more than a civic. the fit and civic are arguably better cars, but sit in one and the mini is nicer. Besides, you can't customize any other car (from the factory) like a mini.
Godmal is offline   Reply With Quote
Old 12-06-2008, 03:07 AM   #15
duvinclunk
Scooby Newbie
 
Member#: 196655
Join Date: Dec 2008
Location: Downtown, SLC
Default

Yeah! MINI ftw. I currently own one and that is good to hear...
duvinclunk is offline   Reply With Quote
Old 12-09-2008, 10:15 PM   #16
fazzster
Scooby Newbie
 
Member#: 91565
Join Date: Jul 2005
Chapter/Region: NESIC
Location: MA
Vehicle:
2013 GTI, 14 500L
White

Default

Love my Mini! But miss my WRX....
fazzster is offline   Reply With Quote
Old 12-09-2008, 10:18 PM   #17
Dirty25RS
Scooby Specialist
 
Member#: 56731
Join Date: Mar 2004
Chapter/Region: MWSOC
Location: Akron, Ohio
Vehicle:
2004 STi, 00 Insight
10 Volvo C30R-d 11 F150

Default

i thought it was the jeep patriot in the US...or no wait, the Jeep patriot has the lowest 5-year cost of ownership. i think some cadillac or some middle-level luxury car has the lowest depreciation.
Dirty25RS is offline   Reply With Quote
Old 12-09-2008, 10:52 PM   #18
Chuck Jones
Scooby Specialist
 
Member#: 153449
Join Date: Jul 2007
Chapter/Region: NESIC
Location: Peterborough, NH/Woo, MA
Vehicle:
2008 WRB w/ moreRPF1
Replaced East Coaster

Default

Quote:
Originally Posted by Dirty25RS View Post
i thought it was the jeep patriot in the US...or no wait, the Jeep patriot has the lowest 5-year cost of ownership. i think some cadillac or some middle-level luxury car has the lowest depreciation.

As per the article, it is the Mini that has the highest resale/lowest depreciation. I don't think anything domestic has held that spot, or the lowest cost of ownership, for at least 15 years.
Chuck Jones is offline   Reply With Quote
Old 12-09-2008, 10:56 PM   #19
Dirty25RS
Scooby Specialist
 
Member#: 56731
Join Date: Mar 2004
Chapter/Region: MWSOC
Location: Akron, Ohio
Vehicle:
2004 STi, 00 Insight
10 Volvo C30R-d 11 F150

Default

Quote:
Originally Posted by Chuck Jones View Post
As per the article, it is the Mini that has the highest resale/lowest depreciation. I don't think anything domestic has held that spot, or the lowest cost of ownership, for at least 15 years.


Quote:
Originally Posted by AVANTI R5 View Post
In Europe
????????????

I was just talking about in the US market

but my data could be old, it could have been based on 2007, but i'm sure the jeep patriot had the cheapest cost of ownership for 5 years, i cant remember which car had the lowest depreciation stateside.
Dirty25RS is offline   Reply With Quote
Old 12-09-2008, 11:23 PM   #20
lawn boy
Scooby Specialist
 
Member#: 16345
Join Date: Mar 2002
Chapter/Region: MAIC
Location: WashPA
Vehicle:
2003 WRX- Sold
E60 BMW 545i

Default

ummm.....in europe
lawn boy is offline   Reply With Quote
Old 12-10-2008, 02:57 AM   #21
Chuck Jones
Scooby Specialist
 
Member#: 153449
Join Date: Jul 2007
Chapter/Region: NESIC
Location: Peterborough, NH/Woo, MA
Vehicle:
2008 WRB w/ moreRPF1
Replaced East Coaster

Default

Even in the states it is going to be a toss-up between the mini, the yaris, and the fit. I am figuring the mini has the least depreciation. When edmunds did their long-term wrap-up, the depreciation was completely negligible even after 20K miles.


And considering that the mini has the regular maintenance included for 4 to 5 years, I am pretty sure it has some of the cheapest running costs now as well.
Chuck Jones is offline   Reply With Quote
Old 12-10-2008, 07:01 AM   #22
wrx2.0 555
Scooby Specialist
 
Member#: 21383
Join Date: Jul 2002
Chapter/Region: South East
Vehicle:
2010 Trek
EX-5

Default

Even though I live in Florida, when my ex wife wanted a Mini Convertible, it was like finding a needle in a haystack. This was only about a year ago.
We found one thru CarMax and paid the delivery fee to get it to Jacksonville from Miami. We simply couldnt find one anywhere else.
Not to mention their price was by far the best for an 06 with 4k on the odo. IIRC, we paid 24k for it (non-s vert).
That car was a BLAST to drive.
I think there is MUCH more to the mini attractiveness than fuel economy for sure. I'm 6'3" and had plenty of room "in the front" ....
Its great fun to drive and such a uniquely designed interior..its just cool..
We both really like the way the convertible top retracted. MUCH better than conventional.
wrx2.0 555 is offline   Reply With Quote
Old 12-10-2008, 08:06 AM   #23
Calamity Jesus
Scooby Guru
 
Member#: 44501
Join Date: Oct 2003
Chapter/Region: South East
Location: in a minefield of caddishness.
Vehicle:
1984 "Skeletor from
"He-Man"

Default

Quote:
Originally Posted by Dirty25RS View Post
but my data could be old, it could have been based on 2007, but i'm sure the jeep patriot had the cheapest cost of ownership for 5 years, i cant remember which car had the lowest depreciation stateside.
I'm not calling you a liar.. but I think the article that you read may be a liar.
Calamity Jesus is offline   Reply With Quote
Old 12-10-2008, 10:43 AM   #24
rallymaniac
Scooby Specialist
 
Member#: 52189
Join Date: Jan 2004
Chapter/Region: MWSOC
Location: Elgin, IL
Vehicle:
2006 MINIiiiiii
:)

Default

Quote:
Originally Posted by Chuck Jones View Post
And considering that the mini has the regular maintenance included for 4 to 5 years, I am pretty sure it has some of the cheapest running costs now as well.
it's actually 3 years or 36k miles.
I'm already out and changing oil on MINI is an equivalent of changing spark plugs on WRX
rallymaniac is offline   Reply With Quote
Old 12-10-2008, 05:01 PM   #25
Ghosthound
Scooby Specialist
 
Member#: 110979
Join Date: Mar 2006
Location: Sacramento, Ca
Vehicle:
2010 FJ Cruiser
1999 Miata

Default

^^ the 07 and up oil changes are a BREEZE.

Because of the short overhangs, you could reach all of the necessary bits without having to actually crawl under the car. The filter comes out the top so you can avoid making a mess.

The only part that differs from a normal oil change is having to remove the overflow resivour... which takes 1 bolt.

Ive changed the oil on my uncles 05 cooper s and its a pain.
Ghosthound is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Give Me A Break! Are These Really The Most Recommended Cars In The US? AVANTI R5 Non-Subaru News & Rumors 24 05-15-2009 01:21 PM
Arguably the Rarest JDM car in the States... xknowonex Off-Topic 54 01-03-2009 09:07 AM
Surprising to you, maybe No, Viriginia, the Prius isn't the most popular car in Ameri AVANTI R5 Non-Subaru News & Rumors 25 12-26-2008 08:28 PM
Girl taking pics of the new WRC car in detroit WRC666 General Forum Archive 4 01-12-2001 09:03 PM


All times are GMT -4. The time now is 11:45 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2014 Axivo Inc.
Copyright ©1999 - 2014, North American Subaru Impreza Owners Club, Inc.