I hope you enjoy the video! I’ll be at London Classic Car Show on Sunday 26th of Feb, and the team at LCCS have given my subscribers £5 off tickets using this code: LCCSPR1 - hope to see you there!
Your facts are not exactly correct. The Volvo had been driven 159,000 miles. Of course it’s cheap. The Audi is over 72,000 miles. Drop that to 36,000 miles and the value increases substantially. The Lexus has the lowest mileage at 29,000 and the high price proves my point. It’s not cheap at £59,000. The world knows that Maseratis are garbage and the low pricing doesn’t account for the hefty future mechanical costs. And btw, most luxury car brands drop substantially. Only a few retain their value over time. A Porsche is one. Try a little better the next time.
All Electric Vehicles will depreciate far faster than these once people realise that batteries have a relatively short life and make up the majority of the vehicle price. Who in their right mind would buy an older second hand EV. We are being conned by the car manufacturers who will release the superior Hydrogen tech as soon as thy have milked the inferior EV tech dry.
I traded for a 1977 Maserati Bora in 1986. It was valued at that time at about $30,000. It is now valued at about $320,000. It is one of 19 built for that year and has 15,000 miles on it.
The older style Quattroporte (2004 - 2012?) was way better looking than the newer one in my opinion. Something isn’t quite right with the new shape and I can’t put my finger on it. They should have kept it a bit simpler but mean-looking.
I have usually bought my cars new. I often buy a late model with a lot of extra features. I like to think that if the car in question was known for being reliable and good value, then it should be a safe bet. I know that a lot of people have a necessity to acquire the very latest model, and that badge kudos is important. As an example, I bought a 56 plate Ford Mondeo Est. (2.2 Titanium x) 15K brand new. I ran it for 9 years and literally never had any problems. I only replaced tyres, brakes, and other unavoidable consumable parts. No exhaust, clutch etc…..90,000 miles on the clock when I traded it in for £3000. It cost me £1300 per year, as well as maintenance. I decided to purchase a 4 year old Merc CLS 320 Sport. Mint, 50,000. New bushes, front shocks, engine management light continuously on. Great vehicle on its day, but a real disappointment during most of my ownership. Lexus is the next port of call. I am adamant that German marques are overrated and seem to have been engineered to incur faults, as soon as they are out of the warranty.
All the cars are cheap because of rubbish reliability. Ok if you can buy new and get warranty. Just try getting spares for Maser. Car hit pothole and was off the road for more than a year waiting for them to make the parts which they do in batches. At least that was the excuse.
I recently bought a 2011 Audi A8 L for $12,000 with the 4.2 V8 and this car is absolutely amazing, so I'm not at all sorry that they have lost so much value. But I didn't buy it for the resale value and I don't really understand why people do that. Just buy it for the enjoyment you get out of it 🤷
The 5 spoke alloys on the A8 look sweet. I owned a ford puma a few years ago. It was fixable, but sold it for 100 quid for scrap.. The same model with same mileage is now worth 3 grand and going up in value.. Gutted.
In contrast to your series, I ordered a 1973 Monte Carlo, which after I had ordered it became Car of the Year. I kept it for a number of years and it's the only car I sold for more than I bought it!
Great videos JB but …. Please slow down! Give us chance to absorb the first fact before moving on to the second, third and fourth before we’ve caught up. 🙏
Had a Levante S for nearly 4 years (30k+ miles) and the only failure was a soft close door sensor on day 2 - probably manufactured by Bosch. Other than that I've had Audi's with more issues in a 4 year lifespan....
I lost the most money when I brought a Escort RS special, had it for 3 years and lost about £4000 in 1998 😭 not sure how much that would be today but I remember it really hurt PS love all your videos and look forward to seeing each one 👍👍
The Maserati Quattroporte is a truly gorgeous vehicle. I salivate every time I see one. But you're right, it would be insane to buy it new. I would buy it used and be a very happy owner.
I realised there are certain cars if you buy at 4/5 years old, it’ll retain the value pretty much for a few more years, meaning it won’t go down as much, maybe a little. Which makes it a good buy at the 4th or 5th year then sell it no longer than 2 years later.
There's a big market price diff on the V90, here in TX U.S.A. I'm seeing similar examples in the 35-45K USD, far higher than what you showed. I wonder what is the reason for the huge price gap?
If you would not talk so fast people would understand you better, also the Audi 8 and BMW 7 series have been maintenance nightmares as long as they have been on the market that’s the main reason for a poor resale in America 🇺🇸, I don’t know about the uk and European market
I had a chance to get a 2016 Maseratti GranTourismo MC, 1 owner 30k miles for $43,500 US. A speculator got to it before I could raise the money! I'll kick myself as it is one of the best looking tourers in history. Arrrgggg the regret.
The whole advantage of YT is being able to present your OWN content and NOT just rap it off as if you had a time limit or are in dire need of getting to the toilet. Slow down mate.
In the US, the fastest depreciating hyper-luxury car is the least reliable car on the road, the VW/Rolls Royce Silver Wraith. In the first 90 days of ownership, MOST owners get to DRIVE them fewer than 19-22 days, with balance of the 90 days in the dealer's repair shop, usually for MAJOR electrical issues. The last one Car and Driver tested was delivered by tip-up truck to their offices, they got in it drove it less than 3 miles and the main electrical panel under the hood shorted-out, blowing-up BOTH batteries and causing a MAJOR electrical fire requiring the Fire Dept and effectively TOTALLING the car! A $1.3 MILLION dollar car that didn't last 10 minutes! Although Rolls, Maybach and Bentley all use the exact same transmission (and usually the same W-12 engine) the Rolls has a 65% replacement rate on transmissions the first year. The "whispers" in Germany are the VW Muslim workforce is lazy and sabotage cars/trucks on the line. There's more than rumour to that: Brazilian built VW's are four TIMES more reliable than German-built ones. QC in German is so bad, VW won't export the T-7 "Bugle"(Bulge) Westphalia's CampMobile to the US, with it's unique "lay-on-it's-side" 45* narrow V-8 turbo-diesel UNDER the floor, behind the driver/front seat and standard TRUE all-wheel drive, not like a Subaru or other "all-wheel drive" where one wheel must slip for another to "drive", but almost like an INDEPENDANT four-wheel drive system, the TEVIS/ITT/Peugeot system of the 1990's improved.
Love this video. The V90 is a sweet looking ride, and the A8 is also cool. I would buy them if I could. Did anyone else notice that red car at 6:57. That's an NSX right?
Great content as usual, thanks :) Maserati, yuk hate them, never understood why anyone would buy one new or for second hand, I have always thought people buy them for the same reason people buy Seats, they simply cannot afford the VW version, in this case they simply cannot afford a Ferrari. The Volvo is really nice but completely spoilt for me with that ridiculous portrait mounted screen in the middle of the dashboard, just looks stupid to me on a personal level, For me out of this offering the A8 wins the day.
jaguar x type 2.5 v6 awd , bought approved used , bought for 12 k , two years later 5k trade in , im still crying and that was about 15 years ago .....
The Audi a8 and a6 will be parts cars for the junk yard at about the 5 yr mark. Don't ask me how I know. These cars depreciate terribly because they are endless money pits. Most Lexus sell at a premium at any age in my US state due to their low long term ownership costs and reliability. Used German and euro cars are steeply discounted because people are finally getting wise to all that can go wrong, the inevitable sticker shock when it does, and what a pain it is to live at the service center.
Ive never paid more than £12k for a car, never lost more than £8k during ownership. Mind you a mate of mine never pays more than £1k and generally runs them till scrapping.
Loke so many videos on You Tube this is totally ruined by a commentator who has no idea how to present dialog. To fast, with a nasal rattle. Why is it so difficult for people to understand they may make good videos but are totally unsuited in commentating the story.
Was kind of expecting this to be a list of cars that are cheap but too expensive to run. Most of these actually seem like properly good buys at these prices. The Maseratis are exceptions, of course, but considering their reputation, anyone buying one probably knows what they're getting into and those should really be compared to other cars that cost the same when new, at which point the running/repair costs don't make up the difference in what you'd pay now so they're a bargain in a way. Most I've lost on a car is easily the GS450h. Bought for £19k, sold for £11,500 after
Sad to see a car go like the 306! But yes agree re Maserati, a friend’s family has a Ghibli, and honestly it’s not a bad car, not inspiring, but not bad at all - the depreciation actually makes it a decent offer for nearly-new examples that have already taken a massive hit
@@CarsWithJB I'd seriously consider the Ghibli S (the 400hp petrol one) if it wasn't just a bit too big. The GS was the upper limit that fits into the car park at my flat and the Ghibli is just that bit longer with a significantly worse turning circle so I couldn't do it sadly...
In general European luxury cars at 5 years old can turn into money pits. Lexus is the best buy as if properly serviced they will last for a very long time.
The masserati is dumpster fire of a car. I know two owners who suffered from ownership, the depreciation is a result poor quality when it comes to everyday usage. I could list numerous issues these cars suffer from. Leasing one is the way to go, not purchasing. If they would extend warrants and ensure the build quality and parts then depreciation would not be such an issue. I still love them, but I could not buy one just on my knowledge of other owners issues.
Thank you for the interesting video! Lexus LS looks stunning and along with the A8, it would be the only car I would consider from this list (stay away from a used Italian unless you are a mechanic), and still end up being my ultimate choice for its reliability. Mercedes Benz S introduced in 2014 (W222) has been awful in reliability and does not merit higher resale values than the Audi or Lexus. The older BMWs, including the 7-series, are below average on reliability. A brand that will likely gain a lot of market share from these established luxury brands is Genesis. Its trying to do what Lexus did end of 80s, beginning of 90s.
These cars don't really look anything special tbh imho. Anyone who buys these new deserves the depreciation lol, but no doubt they can afford it anyway.
It's a shame you focussed on diesels here. I would only consider buying something like the beautiful Maserati Quattroporte with a petrol engine. I think diesels of all types will depreciate very rapidly indeed as these ULEZ areas are forced upon the public.
After 23 years I sold a Mercedes C230 because it was beginning to need repairs such as flex disks, bushings, sensors, coils, and etc. It had 265,000 miles. Annual maintenance averaged $600 US. I believe the 1998 C230 to be at the crest of the Bell curve. Today, super long-term reliability from the new cars, especially Mercedes-Benz, is a thing of the past. Friends with old Toyota cars and trucks are hanging on to them. But, I'm not hearing anything good about long-term ownership from hybrid owners (batteries are expensive, as are their catalytic converters costing thousands of dollars.). My electric car cronies tend to trade them much like getting the latest cell phone. So, I'm looking at buying a new Corolla, or something as basic as I can get, and preferably assembled in Japan.
I would never buy a German car brand new. Always let the first guy take the initial depreciation hit. Get them when they are 4-5 years old. They still look like brand new. I love my 2016 A7 in silver with black interior and it is kept in showroom condition, always.
Checked out my local Volvo dealer after reading about the V90. Yes it's a lot of car for the money but sadly it's still a Volvo. For similar money and vintage you could also get BMW 5 series touring which could even be the 3 litre six cylinder which is an amazing engine. And a much better car. That's a no brainer. Biggest loss I ever suffered was on a Porsche Macan S diesel, 2017 model. Bought it as an approved used Porsche at 4 years old for £45k with 30k miles. Disliked it intensely in the end so sold it to an auction house 14 months later for £28k. I was offered £25k by the Porsche dealer. Given their alleged desirability and high demand for the diesels (44 mpg vs 25mpg for the equivalent petrol car) I was stunned at how much it lost in only 14 months. I had a 530d M Sport for 6 years and it lost less than that when I sold it. Lesson learned. Stay away from Porsches unless you have very deep pockets and don't mind them being emptied by Porsche dealers for a crap car. Buy a Q5 instead if you want that style.
If you in a market looking for value for money then buy Lexus. Not only that you get 10yrs warranty 100k mileage but your grandchildren will probably drive it too. If you looking for a statue Benz S Class Budget Volvo Looking for friends in local garage Audi/ Mesarati
I would pick the Lexus over any other car in the video. At least the Lexus is built with high quality standards, the other cars are money pits once warranty is out and the Chrysler Ghibli is just an outright shame. Besides, if you buy the Lex new, why sell it? These cars are meant to go a long way. Keep it!
Here is the problem with the Maserati depreciation examples - you chose to highlight diesel variants. Probably they were company cars so there was some incentive to buy an 'economical' diesel or a BIK benefit. If someone is gonna buy a used Maserati then I don't think that a diesel is top of their list - they probably want a 'proper' Maserati sound and decent or stellar performance. V6 or V8 petrol versions will (do) have a very different depreciation. I drove a Levante diesel for a few days when I was in the process of swapping my Audi A6 allroad BiTdi (great car) for a Levante S. The diesel Levante was a real compromise... not enough power, did not sound great (especially after the active sound 'fake' trickery that the BiTdi had) and it was noticeably nose heavy - the diesel engine is 100Kg (if I recall) heavier than the V6 petrol... Fuel economy was just OK but nowhere near what the Audi delivered and the Audi was faster and more powerful. The Levante S is a different story... 430PS, crappy fuel consumption, fast (faster than the allroad - and it's taller and heavier) and it handles really nicely for a tall car. I've been looking at used prices as I'm gonna move the Levante S on soon (nearly 4 years old) and when I look at 2019 cars the diesels are lowest price, then the 350PS V6 petrols and then the S (430PS). - and then the few V8's that arrived late that year (Trofeo / GTS - few and far between). The moral of this story is that if you plan to buy something a bit exotic then think about what a second user might be looking for...
I bought a Jaguar S Type in 2000 for AUD 135,000 (it was fully specked up though) and sold it 5 years later for AUD 45,000. That was a hit. I bought a Ford XR8 the same year and sold it for the same price I paid for it.
I gave this quite some thought. But after weighing all aspects, I came to the conclusion: Yes, with your talent, you might be able to rattle down your script even faster. And you really should make this - admittedly heroic - effort. But after all, I still was able to understand at least some parts of what you said, and I am sure this is what you wanted to avoid by all means.
encore: my sister owns a 2004 Merc S class, and only ever had one major repair, on the differential, costing, at the time, 3000 +. Interior a n d exterior still amazing. Careful owner, though. she bought it new, it is still great value for money. used would have been even more so
The UK must have different depreciation rates than the United States. In the US the BMW 7 series drops very fast as does the Mercedes S class....and yes the Audi A8 is right there as well The Lexus LS, on the other hand holds value much better than the Germans. In fact after 5 years of age the Lexus LS and the Mercedes S class are about the same price in the used car market
with most car manufacturers these days have upto a 2 year wait for your car to be delivered, most now skip the new car thing anyways and buy an older car they can have right away, because of this, these old luxury cars may start going up in value due to demand.
I bought a 2011 Toyota Camry in the latter part of 2010 for $26,275. Yesterday (2/22/23) I sold it with 132,000 miles on it for $11,250! Now that is some value that's hard to beat!!!
