Caterham depreciation - what's the truth?

Caterham depreciation - what's the truth?

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Discussion

Irodeabikeonce

Original Poster:

1 posts

6 months

Wednesday 19th June
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Hi folks, looking for a toy car and, having had several previous rental Caterham experiences on track days, I thought I might go and actually buy one.
Obviously as a collection of bits they are not worth the actual built price, but the market seems to support itself on the steady demand and supposed low depreciation. I know that Porsche is another marque that supposedly has low depreciation but the reality is that unless they're it's specced up to the hilt and in the right colours then an unwary buyer gets left with a lemon. So, my question is what's the real world hit to be expected from one of the more desirable Caterham models - say 420 or 620 - after 2 or 3 years?
Thanks for any comments on your experiences.

Far Cough

2,328 posts

175 months

Thursday 20th June
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I bought a 400 Duratec from Caterham second hand but as new. Kicked it's head in for 2 years and it sold for what I bought it for minus their commission. Can't argue with that !

BertBert

19,672 posts

218 months

Thursday 20th June
quotequote all
Far Cough said:
I bought a 400 Duratec from Caterham second hand but as new. Kicked it's head in for 2 years and it sold for what I bought it for minus their commission. Can't argue with that !
When was that? I think the market has become much tighter in the last two years.

Master Bean

3,998 posts

127 months

Thursday 20th June
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I paid £24k for mine at 4 years old. Sold 5 years later for £14k. Did about 18k miles in that time.

Catflap66

20 posts

136 months

Thursday 20th June
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The more you pay, the more deprecation will hit you. High end Cateram's will suffer some higher depreciation.

It some time ago now, but I think if I recall correctly, my Caterham cost me about £2k in 26 months of ownership. It was an Academy Sprint.

AceRockatansky

2,410 posts

34 months

Thursday 20th June
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Don't think you'll lose much on a CSR or R500, R600. Caterhams come in many specs too, from all weather touring to stripped out race cars.

As usual, get the best you can afford, in a spec you like and look after it.

Far Cough

2,328 posts

175 months

Friday 21st June
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BertBert said:
When was that? I think the market has become much tighter in the last two years.
A couple of years ago , I should have mentioned that , soz. Has it changed that much since ?