Residuals

[Fairynuff]

In 2022 I sold (to a dealer) my 19 plate Macan S for £8k less (12% loss) than what I paid for it. I am sure that was an exceptional residual and was achieved because of exceptional world circumstances at the time.

My question is . . . if I had bought a Macan S in 2022 and sold it today, how much would I lose / what percentage of the purchase price would I get (the residual)?

Why do I ask? In 22 I bought a Tesla and 2 years later the residuals are painful, in todays world, is it the same for all cars (electric and ICE)?

[Scooby_Doo]

I think the past year has seen residuals drop to somewhere near where they were pre pandemic for ICE cars, p/exd my MB C classs in April 2023 for £21,500 and by Nov/Dec last year the valuation was under £15k , they seem to have stabilised since then. EV's are all having a bad time , there was an article on Whatcar yeaterday , 10 most depreciating cars , and most were EVs and the worst was the Nissan Leaf , DS3 and Cosa E retaining only 29%- 30% after 3years and 36,00 0miles.(I'd be crying)

[MikeM]

You would be far better placed if you had stuck with a Macan, dependant on where you sold it and spec it should return today between 60-65%.

[bennachie]

Remember that the longer you keep it the less painful the hot bath will be

[Scooby_Doo]

You would be far better placed if you had stuck with a Macan, dependant on where you sold it and spec it should return today between 60-65%.

Seems very optimistic when I enter my figures.

[AllanG]

You would be far better placed if you had stuck with a Macan, dependant on where you sold it and spec it should return today between 60-65%.

Wishful thinking, Mike!

[andreas]

In 22 I bought a Tesla and 2 years later the residuals are painful, in todays world, is it the same for all cars (electric and ICE)?

No, EVs are suffering very high rates of depreciation right now. This is largely because of the rapid pace of product development; newer EVs are significantly better than those built say a year ago. Plus there's oversupply of some EVs - Peugeot, Citroen and MG particularly, with brand new cars listed on Autotrader at up to 37% off RRP.

[DJMCUK]

In 2022 I sold (to a dealer) my 19 plate Macan S for £8k less (12% loss) than what I paid for it. I am sure that was an exceptional residual and was achieved because of exceptional world circumstances at the time.

My question is . . . if I had bought a Macan S in 2022 and sold it today, how much would I lose / what percentage of the purchase price would I get (the residual)?

Why do I ask? In 22 I bought a Tesla and 2 years later the residuals are painful, in todays world, is it the same for all cars (electric and ICE)?

How many miles?
What options?

[Fairynuff]

In 2022 I sold (to a dealer) my 19 plate Macan S for £8k less (12% loss) than what I paid for it. I am sure that was an exceptional residual and was achieved because of exceptional world circumstances at the time.

How many miles?
What options?

About 12k (from memory)

[Fairynuff]

In 22 I bought a Tesla and 2 years later the residuals are painful, in todays world, is it the same for all cars (electric and ICE)?

No, EVs are suffering very high rates of depreciation right now. This is largely because of the rapid pace of product development; newer EVs are significantly better than those built say a year ago. Plus there's oversupply of some EVs - Peugeot, Citroen and MG particularly, with brand new cars listed on Autotrader at up to 37% off RRP.

I wonder if that will apply to the new Macan / will the Macan EV deprecaite more (how much more) than the Macan ICE? If so, at what point does buying and running a Macan EV cost more than buying and running a petrol Macan?