Re: [mogtalk2] Residual values

Mon, 23 Apr 2012 12:04:16 -0700

I purchased my first car a Morgan Series 1 4-4 in 1959 for £80, learnt to drive in it,
passed my test and sold it the following year for £100.
Why do you think I still drive a Morgan?
Goes without saying!  :) happy
 
Roy.
 
 

From: "[email protected]" <[email protected]>
To: mogtalk2 <[email protected]>
Sent: Monday, 23 April 2012, 17:50
Subject: RE: [mogtalk2] Residual values
+4’s have the best residuals!
 
I purchased my 1952 one in 1968 for £215, and it sold in January at Gooding’s Auction in California for US$79,750.
 
Unfortunately I had sold it (for £300) in 1970!
 
But for new ones I would think one that had done 30,000 miles in three years was a better bet than one that had only done 3,000!  (But perhaps I should use my Roadster a bit more – only some 5,000 miles per year so far!)
 
Quentin
From: Colin Mackay [mailto:[email protected]]
Sent: 23 April 2012 17:44
To: mogtalk2
Subject: RE: [mogtalk2] Residual values
 
What about a +8 then? They just seem to go up in value!
I must have a look through the Telegraph after dinner!
 
Colin Mackay
 
From: Chris Bailey [mailto:[email protected]]
Sent: 23 April 2012 14:22
To: mogtalk2
Subject: [mogtalk2] Residual values
 
I have just been reading a copy of the March 31st Telegraph Motoring Section.
 
Whilst the Audi Q5 retains it's value by 72.5% over 3 years/30,000 miles, the second and fourth best were the Roadster and Plus 4 (69.6 and 68.7% respectively)!
 
Something to cheer some of us up on a damp Monday.
 
Chris
 
 
 
 
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