Fastest Depreciating LUXURY Saloons & SUVs Revealed! Which Loses 38% in One Year? | TheCarGuys.tv

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  • เผยแพร่เมื่อ 22 ธ.ค. 2022
  • Fastest Depreciating Luxury Saloons & SUVs Revealed! Which Loses 38% in One Year? | TheCarGuys.tv
    #depreciation #luxury #suvs
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    In this week’s episode - in a sequel to their very successful supercar episode - Damian and Jason reveal the fastest depreciating luxury saloons and SUVs of 2022!
    Which cars lose the most money in the first year? Can you actually buy a luxury SUV that actually MAKES MONEY instead of losing it? Exactly how bad is the depreciation on a £200k luxury vehicle? Which car brands are the WORST for depreciation?
    Join TheCarGuys for a light-hearted look at this wallet-busting hot topic, and check out 17 cars that lose a shed-load of money, and a few more that don’t.
    Oh, and please forgive us - we completely forgot about the Aston Martin DBX.
    Thank you for watching
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  • ยานยนต์และพาหนะ

ความคิดเห็น • 311

  • @andrewhurstcars
    @andrewhurstcars ปีที่แล้ว +54

    There’ll be some even worse depreciatiors in the future, once you get these luxury cars with complicated hybrid power trains that need £20k+ new batteries etc.

    • @matthewdurkee5673
      @matthewdurkee5673 ปีที่แล้ว +10

      It will probably be more than 20k for a battery just because it's a Bentley or Rolls. Heck a McLaren P1 battery is 200k

    • @stephenkleinhans3928
      @stephenkleinhans3928 ปีที่แล้ว +9

      Electric vehicles are rubbish!

    • @dvlarry
      @dvlarry ปีที่แล้ว

      No, the reason these cost appreciate so much is that people are buying electric and hybrid cars. Even with a battery change you gotta remember it's so Cheap to own electric cars without gasoline costs.

    • @jamesrobert4106
      @jamesrobert4106 ปีที่แล้ว +6

      @@dvlarry It is apparently cheaper to run a diesel now than an EV based on the charging costs.

    • @Aikynbreusov
      @Aikynbreusov ปีที่แล้ว +1

      Not true for Lexus.....

  • @MC_33.
    @MC_33. ปีที่แล้ว +21

    Finally someone has included options in a depreciation analysis. I’ve always thought the reported resale values were overstated as they simply ignore the swag of options the purchaser also forked out for 👍
    (a neat trick by manufacturers really)

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Thank you, Merry Christmas, Matthew

    • @julianlord2697
      @julianlord2697 ปีที่แล้ว

      You never get back as much for the options as you do for the base car. Options are a money pit as they are rarely desired by the buyer who comes along. Yes, nappa leather is nice but 14 grand!! When I see a car I do not think, I must pay 5 grand more because the last owner had nappa, I just think, 'one point more than the one next to it that has buffalo skin". it may sway me to buy it but not pay more for it.

  • @canto_v12
    @canto_v12 ปีที่แล้ว +8

    Disappointed that my Jag didn’t make the list but then realised they don’t make the XJ anymore 😅

  • @jamesrobert4106
    @jamesrobert4106 ปีที่แล้ว +2

    Continental GT..."A jewelled cod piece. "
    I nearly spat coffee across my kitchen. 🤣

  • @Rocky-hh3yg
    @Rocky-hh3yg ปีที่แล้ว +6

    Loved the first episode can’t wait to sit down and watch this. Merry Christmas lads, thanks for all the hard work this year.

  • @paulvallins5994
    @paulvallins5994 ปีที่แล้ว +6

    Happy Christmas chaps ,great channel,looking forward to more car guys stuff next year 👍

  • @davidw5662
    @davidw5662 ปีที่แล้ว +2

    Thank you for another great video. Merry Christmas to you both. I look forward to next year's entertainment.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Thank you, Merry Christmas, David

  • @peterhunt7680
    @peterhunt7680 ปีที่แล้ว +17

    Love these episodes.
    There is something to be said for grabbing a 2nd hand bargain luxury performance car after someone else has taken those big depreciation hits.
    Have a great Christmas guys.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Exactly. You too, Peter

    • @johntechwriter
      @johntechwriter ปีที่แล้ว +1

      Agreed. Once a model is perceived as being out of date, which can happen inside a year, the price for which it can be obtained on the used market is astonishingly low. If you are buying German you get fantastic engineering. But there is a big caveat: high operating costs and low post-warranty reliability mean that the second owner also ends up spending far more than they intended. Forget about third-party warranties: only the manufacturer’s extended warranty is acknowledged by the service departments who have the resources in staff and parts access to look after these cars.

  • @martinboulden4388
    @martinboulden4388 ปีที่แล้ว +7

    Merry Christmas and well done with all the content this year 🎉

  • @andysp8845
    @andysp8845 ปีที่แล้ว +7

    Lovely to see Jason again!!

  • @jimmyquinn9639
    @jimmyquinn9639 ปีที่แล้ว +3

    Another brilliant video lads and merry Christmas 🎉🚗🚙🚘⭐️⭐️⭐️⭐️👍👍👍👍👍

  • @derekogilvie6942
    @derekogilvie6942 ปีที่แล้ว +2

    loved this chat - thanks for the info on the Bentayga.

  • @karlsumner5594
    @karlsumner5594 ปีที่แล้ว +2

    Great video, love it!

  • @johnlynham8763
    @johnlynham8763 ปีที่แล้ว +18

    Merry Christmas chaps. The channel has gone from strength to strength this year and I really appreciate all the effort that goes into producing the content. Best wishes for 2023

    • @Sabrermk42
      @Sabrermk42 ปีที่แล้ว

      I love you, John.

  • @daggidding4478
    @daggidding4478 ปีที่แล้ว +9

    Nice one, guys. I knew that the depreciation on cars is steep, but that this in some cases is 60 percent in the second year is eye watering.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      It sure is

    • @andrewnorris5415
      @andrewnorris5415 ปีที่แล้ว +2

      It shows how wealthy the people who buy them must be. They know they are throwing all that cash away.

    • @TwoHawksHunting
      @TwoHawksHunting 3 วันที่ผ่านมา

      In reality, I don't believe those with millions and billions are rushing out to purchase any of these uber expensive money pits. These are more likely being purchased by those who want to look like they are rich. 3:41

  • @BibtheBoulder
    @BibtheBoulder ปีที่แล้ว +3

    I just sold a modern RR Ghost. Owned it for 12 months and sold it for exactly the same as I paid for it.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      From new?

    • @BibtheBoulder
      @BibtheBoulder ปีที่แล้ว +1

      @@TheCarGuysTV No, it was a 2011. This is the beauty of letting someone wealthy suffer the depreciation.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      @@BibtheBoulder You’re a winner for sure. I didn’t think the Ghost had been out that long

    • @BibtheBoulder
      @BibtheBoulder ปีที่แล้ว +2

      @@TheCarGuysTVI took my pension last year (didn't retire) and I recalled Tif Needell many years ago talking about running a RR for 12 months cost-free. Well, having taken my lump sum, I pondered what to do with it, and decided one last hurrah of a nice car was the way to go. So I ended up with a 2011 Ghost. Incredible machine in every way, and don't regret a bit what I did.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      @@BibtheBoulder 👍🏻👍🏻👍🏻👍🏻

  • @vic_services_eu
    @vic_services_eu ปีที่แล้ว +2

    Merry Christmas from Holland. Love watching your video's 😄👌🌲

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Merry Christmas to you too - thanks for watching

  • @jeffdaniel1000
    @jeffdaniel1000 14 วันที่ผ่านมา +1

    First time on the site. Great video. Thanks for Texas, USA

  • @tarekmirdad
    @tarekmirdad ปีที่แล้ว +2

    Excellent video. I enjoyed it a lot. Very honest and clear presentation.

  • @thelowlychicken
    @thelowlychicken ปีที่แล้ว +1

    Another brilliant video. Thank you again

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Glad you enjoyed it, Darren

  • @jrbeauieu
    @jrbeauieu ปีที่แล้ว +4

    I love my 2022 Bentayga...Looks like I might as well hold onto it forever. sigh.

  • @davetomley3145
    @davetomley3145 ปีที่แล้ว +2

    Fun vid as always. Merry Christmas Guys

  • @dvlarry
    @dvlarry ปีที่แล้ว +1

    Love these episodes Including the one with super cars. The camaraderie, , brutal honesty, humor ate just so good.

    • @dvlarry
      @dvlarry ปีที่แล้ว

      @@TheCarGuys_Tv SCAMMER, Fake profile

  • @frankmealha8918
    @frankmealha8918 ปีที่แล้ว +2

    Merry Christmas to you both
    Looking forward to great videos in 23

  • @grigiogt8793
    @grigiogt8793 ปีที่แล้ว +3

    Wow! What a video! This was even more surprising than the supercar video. I was hooked as soon as it started. One question- where was the Aston Martin DBX? Well done chaps!

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Glad you liked it! Yes, we completely forgot the DBX

  • @aerial558
    @aerial558 หลายเดือนก่อน +1

    Yes your spot on with your comments and thoughts excellent job reviewing all these cars 👍

    • @TheCarGuysTV
      @TheCarGuysTV  หลายเดือนก่อน

      👍🏻👍🏻

  • @PistolStar47.
    @PistolStar47. ปีที่แล้ว +4

    As always absolutely spot on boys 👏

  • @donjohnson4368
    @donjohnson4368 ปีที่แล้ว +3

    The G Wagon is hot news for export to the far as is the Urus. The first batch of the new Range Rover was hot too. Still makes over list although not like I’m the beginning

  • @nissenherrera8559
    @nissenherrera8559 ปีที่แล้ว +2

    Very thorough, very thorough 👏

  • @steffydog
    @steffydog ปีที่แล้ว +1

    Fascinating, thanks guys.

  • @jefft7905
    @jefft7905 ปีที่แล้ว +3

    Great episode, here in West Coast USA these cars do not depreciate as much, we are lucky.

    • @jafooli
      @jafooli ปีที่แล้ว

      Not lucky if you're in the market for used cars

  • @zakelwe
    @zakelwe ปีที่แล้ว +3

    I don't like SUVs so seeing a program on how much they depreciate really made my Christmas .. ho ho ho ...
    Enjoyed all your vids over the year guys, keep up the good work.

  • @Jprjason123
    @Jprjason123 ปีที่แล้ว +4

    Where are the Maseratis? Quatroporte. Levante. Surely those would make the S-Class seem like a safe investment?

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      It’s a good point - maybe a sequel

    • @theyorganics
      @theyorganics ปีที่แล้ว

      @@TheCarGuysTV Please include Americans too.

  • @geraldsmith7240
    @geraldsmith7240 ปีที่แล้ว +1

    You Guys Are Brilliant!!!
    So Much Fun! 🇬🇧😀🚘

  • @flyinghedgehog3833
    @flyinghedgehog3833 ปีที่แล้ว +2

    NSX having a Mutley style snigger in the background.Merry Christmas guys.Tanks for the memories!

  • @Happy-as-Larry
    @Happy-as-Larry ปีที่แล้ว +2

    Excellent follow up fellows. I guess you already know what my suggestion is going to be that's right.
    Fastest appreciating Supercars, and Fastest appreciating Luxury Saloons & SUVs. Come on guys you
    Know you can do this.
    Hope you guys had a great Christmas and looking forward to much more of your banter in the New Year.
    Kind Regards Larry

  • @simonhague2674
    @simonhague2674 หลายเดือนก่อน +1

    Love these videos...

  • @morganvon5664
    @morganvon5664 ปีที่แล้ว +2

    Not surprised about the G-Wagen. Here in Colorado, they are selling for 50-100,000 dollars over sticker.

    • @Avixen4eva
      @Avixen4eva ปีที่แล้ว +1

      Lord have mercy

  • @chaisheng0627
    @chaisheng0627 ปีที่แล้ว +2

    Really enjoying the new series

  • @johnnyboy1586
    @johnnyboy1586 ปีที่แล้ว +3

    That why you buy 3 year old model where it's taken the big depreciating hit,and is still a relatively new car

  • @MBat70
    @MBat70 ปีที่แล้ว +2

    Great Video and love how you and us are laughing at people loosing some serious 💰

  • @TheChaz96
    @TheChaz96 ปีที่แล้ว +3

    And now we wait for the overall market to tank and then the REAL bargains are to be had. 🤤

  • @kmac5849
    @kmac5849 ปีที่แล้ว +1

    A g-wagon fan ! You might well bloody whisper it 😂 Burberry trousers next. Fascinating info, tongue-in-cheeks , although Jason seems to always fold first into laughter 👍🏻

  • @MarcHDJ81v
    @MarcHDJ81v ปีที่แล้ว +1

    Some of these cars depreciate, as delicately as a piano falling down a flight of stairs…

  • @gambanteinodal1246
    @gambanteinodal1246 ปีที่แล้ว +2

    The G63 is very common in the Swiss Alps so I guess a lot of people wants them for a skiing vehicle and rightly so because it can manage the sometimes very tricky conditions.

  • @garyleibitzke4166
    @garyleibitzke4166 ปีที่แล้ว +2

    Of all the vehicles on that list the only one I really am interested in is the Urus. To me it it's perfect, faster than hell, handles great, and you can actually use it to do a multi-week road trip.

  • @Dung8aj
    @Dung8aj ปีที่แล้ว +1

    Great video! I find myself looking at the 2019 bentayga with the 4 litre diesel engine for around £90k which doesn’t seem too bad!

  • @paulk1702
    @paulk1702 ปีที่แล้ว +3

    Really enjoyed this. Suggestion: Include the financial figures [as you do with new (assuming drive away) price, plus sensible options] when stating depreciation at year 1 and then years2/3. For example, when quoting cars that appreciate in year 1, then depreciate in years 2/3, is the depreciation on the original or 'appreciated' price? Thanks.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      There’d be no point because if someone finds a car with a different sticker price all the focus will be on that, and not the core message of the video.
      Percentages are cleaner, more universal and less open to variance by individual cases

  • @Billywoo12
    @Billywoo12 ปีที่แล้ว +3

    A8 and similar starts life at -15% from the dealership receptionist and loses and other 10% when you get chatting the sales team. So -64% is year 3 is ok. 😅😂

  • @mrkiplingreallywasanexceed8311
    @mrkiplingreallywasanexceed8311 ปีที่แล้ว +2

    It is an overlooked and underrated subject - but a vital one. You early on summarised the point I think all but perfectly when the fuel consumption, service & insurance costs, road tax etc etc were mentioned on the one side - and depreciation on the other; with the latter veritably dwarfing the sum of all the other items - especially as the first few years are unlikely to see any major expenses incurred with normal servicing - plus of course they will be under warranty.
    As a former Audi Finance manager, it will come as no surprise to you that my stock in trade was the PCP*. Clearly, the GMFV* was a "gamble" by VWFS* - if the actual book value was lower than the GMFV, the network would naturally take the car back as promised and subject to mileage and condition, the customer would pay nothing further. This was, understandably, a vanishingly rare occurrence, however - and for obvious reasons. VWFS certainly didn't want to find itself owning a lot of cars, much less a lot of cars "upside down" in value. In short, therefore, in the overwhelming majority of cases, the part exchange value would transpire to be above the outstanding GMFV amount, with any equity going to the customer which they would often use as the deposit for the next one - or at least part thereof.
    The overall point I wanted to make was this - already by 2013 when I left, something like 75% possibly 80% of new Audis were financed on Solutions (I think I recall correctly that being the VWFS brand name for the PCP). Assuming even a small annual proportional increase since then (which will partly depend on how attractive the terms are - in my day, with the base rate at 0%, VWFS could afford to offer very low APRs and it wasn't unusual to find out that once you'd factored in the "negative cost" of the deposit contribution which was often part of the deal, it could work out that over the whole period of the loan, Audi Finance had ended up paying you to borrow the money!! I digress) - it wouldn't surprise me to learn that 9 out of every 10 new cars, if not 93 out of 100, are now financed using a PCP - in other words, depreciation (aka residual value) performance was integral to the discussion even during my time back when. Because of the fact that PCPs drive loyalty - repeat business - it's highly unlikely VAG is alone in promoting them. It's a dead cert all the other marques do the same. Therefore dull or otherwise, consideration - indeed quite detailed discussion - about depreciation is very likely to be part and parcel of the buying/financing conversation - it certainly should be.
    Nice one gents - as you said, for many it's neither an obvious nor fascinating topic but I greatly enjoyed it!
    *PCP - Personal Contract Purchase
    *GMFV - Guaranteed Minimum Future Value (aka balloon payment)
    *VWFS - Volkswagen Financial Services (which was the "go-to" Finance company for Audi, VW, Skoda, Lamborghini - etc etc all the VAG brands)

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      V interesting - thanks for the insider info

    • @mrkiplingreallywasanexceed8311
      @mrkiplingreallywasanexceed8311 ปีที่แล้ว

      @@TheCarGuysTV a modest contribution from these days a mere dilettante by comparison with your magnum opus, dense info with video montage, graphics, animations and music/sound effects. One of those things which always "looks easy" but which probably gives you sleepless nights putting it altogether! Incidentally, I especially enjoyed, for want of a better description, your sort of benign curmudgeonliness asides from the fact it makes a change to see people like myself in front of the camera - somewhat passed peak perfection, but still alive - and not a "dolly bird" as my somewhat unreconstructed dad would call the cohorts of seemingly ever younger female presenters😆
      Anyhoo... I shall no doubt graze on a selection of your other clips for the nostalgia.😌

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      @@mrkiplingreallywasanexceed8311 Is such an incredibly apt phrase for us - I’ve added it to our TH-cam description 😂@@mrkiplingreallywasanexceed8311

    • @mrkiplingreallywasanexceed8311
      @mrkiplingreallywasanexceed8311 ปีที่แล้ว

      @@TheCarGuysTV you mean how Mr Kipling really was an exceedingly old queen? Or some other dazzling witticism up with which I have come?😃 A few summers ago I was slightly late joining a group of friends for a barbecue. I've always disliked the shortcuts and non existent punctuation in texts even if it means I constantly wholly miss the point of their intended brevity! On this occasion they had a giggle at my expense as it was pointed out that I was the only person they knew who would use a word like "diaphanous" written in full and correctly spelled in amongst the exchange of messages to keep them apprised of my progress!😌

    • @mrkiplingreallywasanexceed8311
      @mrkiplingreallywasanexceed8311 ปีที่แล้ว

      @@TheCarGuysTV ha! I think I just realised what it was. I had forgotten writing "benign curmudgeons"... you're welcome!!😏

  • @tomasunden9398
    @tomasunden9398 ปีที่แล้ว +2

    The X7 is actually a pretty good car. My friend leant me his 50M and it was great. Very comfortable and drives pretty well considering the size

  • @geoffnorton9279
    @geoffnorton9279 ปีที่แล้ว +3

    Remember the old once popular saying which is......"A fool and his money are easily parted."
    Great deals as you say, for those who realise this and pick up the second hand deals.
    Excellent and entertaining info as always guys. Merry Xmas to you both.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Thanks, Geoff

    • @UnseenSpirit
      @UnseenSpirit ปีที่แล้ว

      We need people to buy new to get cheaper 2nd prices. It goes for many things from higher end golf clubs, cars & luxury watches etc

  • @hugohugo2832
    @hugohugo2832 ปีที่แล้ว +1

    I’ve found, on three occasions, an excellent way to retain value is to buy the outgoing model after its replacement has been on the market a year or two. It’s worked for me on a Range Rover, 997.2 and Touareg. My brother had the same experience with his 355.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Sounds like an interesting strategy.

  • @future62
    @future62 ปีที่แล้ว +3

    You guys are laugh out loud funny. Much luck to you in 2023.

  • @nicksausage
    @nicksausage ปีที่แล้ว +6

    A bit suprised on your views on the Panamera Turbo S. I bought a 2 year old Turbo Sport Turismo earlier this year and it had barely dropped 20% of its new price including options, had miles on it too. It was likely overpriced due to the strange market but it seems (and still seems) to be holding its value fairly well. There is almost zero supply of used Turbo S, I think I've seen one on Auto trader in the last 12 months. It makes sense for the Panamera to tank in value (the old ones certainly did) but I'm not seeing it, where do you see it?

    • @DougMacRay
      @DougMacRay ปีที่แล้ว

      Mr. Sausage, I was thinking the same. Here in the Boston-Metro Region, the Panamera and Cayennes hold their value well. My sis who lives in Ft. Myers, it realistically seems a compatible model (mileage and opts included) will have a lot price $3k less.
      So, I think region / location is an element the guys missed in their research model here.
      Cheers from Boston.

    • @leonardoluc6362
      @leonardoluc6362 9 หลายเดือนก่อน

      @@DougMacRayeverything in the Boston-Metro region is expensive enjoy it.

  • @mohammadal-abbasi7247
    @mohammadal-abbasi7247 4 หลายเดือนก่อน +1

    Great series

  • @stephenkellie-area51
    @stephenkellie-area51 ปีที่แล้ว +1

    Brilliant could you pls do a segment on depreciation on super models ….. thanks

  • @TrumanBurbankFE
    @TrumanBurbankFE ปีที่แล้ว +1

    Subbed as I didn't know you did cars as well. How about a topic of the fastest depreciating luxury watches in the current climate?

  • @DivineFrag
    @DivineFrag ปีที่แล้ว +1

    Another great video, commenting just for the algorithm

    • @MC_33.
      @MC_33. ปีที่แล้ว +2

      Replying for algorithm 😂

  • @WillyMutenza
    @WillyMutenza ปีที่แล้ว +1

    You are spot on the G Wagon. I adore my 2022 G63, improved drivability, and had a better road presence.

  • @benpenagonzales6014
    @benpenagonzales6014 ปีที่แล้ว +2

    In the summer it felt like luxo barges were the only decent second hand value cars. Eventually opted to buy a brand new hot hatch to pair with the suv. Hyundai i20N. I hear the factory is running at 140% production to catch up noting they make it all themselves in S Korea.

  • @amaj7313
    @amaj7313 ปีที่แล้ว +1

    Nice reference to Crazy People 👏👏👏

  • @Montcoffer
    @Montcoffer ปีที่แล้ว

    Great topic, I benefited from another big depreciating car, a 2018 Maserati Quattroporte, miles 6k, 1 owner, for 60% less list. I love it, & I think big saloons are the way to go for those who want to stand out from the crowd, enjoy the smug feeling of driving a luxury car and saving thousands.

  • @leeandrews1072
    @leeandrews1072 ปีที่แล้ว +2

    Merry Christmas Gentlemen, thanks for a great year of entertainment

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Thank you, Merry Christmas, Lee

  • @ingvartorma9789
    @ingvartorma9789 ปีที่แล้ว +1

    Here in Sweden, older SUVs have lost a lot of value, such as Porsche Cayane, BMW X5 and X5, various Mercedes SUVs. So in order to get more money for these, they are converted into A-tractors that 16-year-olds can drive, although then they have set the maximum speed to 18.6 miles/h.
    Here is some information about what this is:
    In 1963, the Swedish Transport Safety Agency introduced the option to convert and register a car or truck to an A-tractor as an alternative to an EPA-tractor. When, in the mid-1970s, the Swedish Transport Safety Agency was going to abolish the possibility of newly registering an EPA tractor, and that existing ones would be allowed to remain for a three-year period before they had to be scrapped, there were protests that forced the agency to rethink. New registration of EPA tractors was banned on 31 March 1975 but instead the A tractor regulations took over completely, and an annual inspection was introduced for the remaining EPA tractors. The abbreviation "A" stands for tractor class A (road tractor (now class I)), (class B is agricultural tractor (now class II)), which can now be driven from the age of 15 (with AM driving license).
    The principle difference between the EPA tractor and the A tractor is that the A tractor must be designed for a maximum speed of 30 km/h +/- 10%, while the EPA tractor would be designed with a certain gear ratio (10:1). The car must be rebuilt so that it is obvious that it is no longer intended for passenger or goods transport. However, a seat for one or two passengers next to the driver may be provided. The car's original interior and bodywork must be retained, but must be shortened where applicable so that the space behind the front seats cannot accommodate passengers or goods. This type of vehicle is still popularly called an EPA tractor.
    In August 1978 a voluntary Slow Moving Vehicle (LGF) warning plate was introduced for A tractors, but from 1 January 1982 it is a requirement to have such a plate on the rear of the vehicle.

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Trust the Swedes to come up with something sensible.

    • @ingvartorma9789
      @ingvartorma9789 ปีที่แล้ว

      Yes, the Swedes do it. In which other European country can you see 16 year olds driving luxury cars legally? Certainly low speed but still luxurious.
      It can be pointed out that you don't see any Volvo XC 90 or XC60 as A-tractors and this is because these have a higher value used.

  • @ferseplase2159
    @ferseplase2159 ปีที่แล้ว +1

    I thoroughly enjoy you Guys funny informative videos 👨🏾‍💻🤳🏾🤣🤣😂🤣⭐⭐⭐⭐⭐♥️🤷🏾‍♂️

  • @wmc9482
    @wmc9482 ปีที่แล้ว

    7:41 "Alright, ill taste the Soup. Where's the Spoon"?

  • @habla72
    @habla72 ปีที่แล้ว

    Very amusing Phunnie Guys. 👍

  • @jai2256
    @jai2256 ปีที่แล้ว +2

    I know one car you own that will never depreciate. I am trying hard to get one of my own right now hopefully I will be able to...!

  • @kevincockburn7805
    @kevincockburn7805 ปีที่แล้ว +3

    Luxury cars and SUVs depreciate heavily because in the main they are the car equivalent of TVs. 2 years after they come out they are like turds, no one wants to admit they left a big one in the toilet bowl.

  • @gjmob
    @gjmob ปีที่แล้ว +1

    We don't see many of these cars in Australia, but one things for sure, if you buy a Range Rover be prepared to have it for life, as no one will buy a used one. I'll have the Flying Spur. My favourite is the Jaguar XJ, but I think that it has slipped away into history which is a shame.

  • @damirzanne
    @damirzanne 2 หลายเดือนก่อน +1

    If you’re like me , buying used , depreciation is your best friend … I just recently bought my dream car , S class Mercedes S550 , I got 2015 with 80K miles , one owner retired elderly couple , looks and runs like new … about $130,000 new , paid $29,000 for it 😊…. love me some good depreciation …

  • @johnyg1
    @johnyg1 ปีที่แล้ว +2

    Great video boys. Now do depreciating proof cars or cars you can drive for a year and lose very little. Hot hatches, sports cars. I own a Gr Yaris.

  • @warrenpeece1726
    @warrenpeece1726 ปีที่แล้ว +1

    Interesting. I paid $70K for my (new) 2017 Cayenne and got $45K for it as a trade in in 2021. That's a depreciation of 37% for 4 years. My wife's 2017 Lexus NX depreciated by 33% after 5 years. Not bad I think. And a couple of data points for you.

    • @UnseenSpirit
      @UnseenSpirit ปีที่แล้ว

      Both are pretty reliable (when looked aftered) and sort after in many countries

  • @brucecoudrey1246
    @brucecoudrey1246 ปีที่แล้ว +1

    Thanks for a great year of beans, special vodka, creative swearing, cool cars, facts, opinion and fun!

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      You’re most welcome, my friend

  • @Phaeton1968
    @Phaeton1968 หลายเดือนก่อน

    50% in 6 months on a 7series, admittedly in 2019. That’s from List Price which of course nobody ever pays. I bought it from the dealer just prior to its 6month birthday, it was their car and only 2.5k miles. Not sure any other marque/model loses so much. -70k in six months. -30k in the 4years since. Depreciation isn’t always bad :-)

  • @johntechwriter
    @johntechwriter ปีที่แล้ว +1

    Good idea for a comparison. But for your first example, the G-Wagen, to appreciate in value over its first year invalidates any relationship between residual pricing and build quality, engineering, or luxury. The G-Wagen’s design goes back 43 years and it’s not even built in a Mercedes plant. As you point out, the #1 metric for retained value is demand. The G-Wagen is inferior in every way to a Japanese SUV but is a signifier of wealth, and this attribute alone causes the G-Wagen to be strongly desired among the newly rich.

    • @jasminderbharij5861
      @jasminderbharij5861 ปีที่แล้ว

      I can tell you one thing- you're totally wrong about the inferior bit. Totally.

  • @mthokozisimyende787
    @mthokozisimyende787 ปีที่แล้ว +2

    we need another depreciating video like this!!!!!!!!!!!!

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Another one?

    • @paulthorpe766
      @paulthorpe766 ปีที่แล้ว +1

      They'll do one, but it'll be only 60% as good next year - of course !

  • @robertmorgan8581
    @robertmorgan8581 ปีที่แล้ว +2

    I’m watching the Car Guys metamorphosis into What Car! 😂 New series…boot size compared 🤣

  • @ericmeshenberg3332
    @ericmeshenberg3332 ปีที่แล้ว +2

    So enjoy your commentary. As close as I can get to one of your Ferraris is a match box car...oh well.

  • @JasonMilner
    @JasonMilner ปีที่แล้ว +1

    So, looking at those year 1 appreciation figures, am I right in thinking that there's a strata of wealthy customers that just keep buying the latest hot luxury cars, & selling them on after a year for a decent gain? All you'd need to do is get on those wait lists ahead of time and you're quids in!

  • @alanpeachey4085
    @alanpeachey4085 2 หลายเดือนก่อน

    Hi guys, thank you for being you. I have an M3 E3 six one of the only 50 that came out with the 252 kW motor. I just love my B.M.W regards Alan from down under

  • @Billywoo12
    @Billywoo12 ปีที่แล้ว +2

    Rolls Royce does deliver on those ‘bespoke moments’ at trade in time. 😳

  • @smxlad
    @smxlad ปีที่แล้ว +1

    The new Mercedes S class only come out last year and has been keeping its value and some over list, I know because I’ve been looking to buy one second hand and this current model is at a premium. No idea how you have figures for year 3 when it’s not even been out that long in this incarnation.

  • @Tracertme
    @Tracertme ปีที่แล้ว +1

    You will need that nappy leather for a S Class Mercedes very thoughtful of them

  • @ReferenceFidelityComponents
    @ReferenceFidelityComponents ปีที่แล้ว +1

    Bought my lexus suv less than 2 years old. Depreciation in those 2 years was a frightening £28,000!!! Since then I have had it 6 years and it has lost a more modest £10k in that time. That in my book makes it a cheap car over that period especially given its reliability and running costs. It’s possibly the least expensive luxury suv if bought a few years old and it’ll stay reliable unlike a merc, bmw or anything with “…rover” in the title!

  • @derekbeaton4543
    @derekbeaton4543 26 วันที่ผ่านมา

    Given the meteoric drop in prices in the last two years, the SL63 Mercedes should also be on this list.

  • @theflorgeormix
    @theflorgeormix ปีที่แล้ว +1

    I wouldn't piss on it if it was on fire....brilliant

  • @dr_bertlemann
    @dr_bertlemann ปีที่แล้ว

    In 2019 I bought a 10 months old Volvo V90 D4 R-Design with 24.000km on the clock in immaculate condition. No accident or other damages, No Rental car.
    For 36.500 EUR including a full set of winter tyres.
    Price new including options was 70.000 EUR only 10mo earlier.
    Oh my boys .... I let you do the math.
    PS: I still own the car :-)

  • @leeandjancruise
    @leeandjancruise ปีที่แล้ว

    Depreciation argghhh! Just before Christmas I decided to change my very low mileage immaculate Miini JCW 2019 model with all the toys, took it to Mini/BMW and they offered me £19.5k on a close to £40k car, took the Mini to Motorpoint looking at a very similar car that was at a very competitive price and spec so I traded it with them and got £23k for the Mini cash deal, that's £3.5k difference so this example must affect any depreciation % figures given on line?

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว

      Not if it's blended across thousands of models.

  • @bhaig7916
    @bhaig7916 ปีที่แล้ว +1

    Can you guys please make a video about a luxury car purchase in 2023. I should be able to afford a lux suv next year but with all the economic uncertainty around the world I am having second thoughts. thank you

  • @actualfacts1055
    @actualfacts1055 ปีที่แล้ว +1

    Lease only unless you are in oil.

  • @tomingrassiaimages8776
    @tomingrassiaimages8776 ปีที่แล้ว

    I bought my 992 Targa 4S for less than some if the depreciation of these!

  • @westonmanagement7175
    @westonmanagement7175 ปีที่แล้ว +1

    Aston Martin dbx SUVs are tanking from $200k to as low as $127k with super low miles on the first year. Maserati's depreciate like bricks unless it's a trofeo.

  • @baconservices
    @baconservices ปีที่แล้ว +1

    The new Mercedes infotainment system without any buttons is horrible! So tricky just to change the climate

  • @richardcarter1000
    @richardcarter1000 ปีที่แล้ว +2

    Really interesting, thanks chaps.
    I'll aways just buy a Range Rover. Still the best.
    Have a lovely Christmas and thanks for all videos this year. You are the best.

  • @gregs8685
    @gregs8685 ปีที่แล้ว

    Very interesting historical snapshot of what happened in 2021-2022, but now that the assets bubbles are popping everywhere, know that “past performance is not indicative of future results”.

  • @fastasfox
    @fastasfox ปีที่แล้ว +1

    So if you have the money to get one of the top four suv's then you can pretty much get a year's free motoring...including service insurance and fuel.....that is mental.

  • @stuartsmith5308
    @stuartsmith5308 ปีที่แล้ว +3

    How about a fastest Depreciating Electric Cars Video in the future.
    Merry Christmas to you and your familys and all the subscribers 🙋‍♂

    • @TheCarGuysTV
      @TheCarGuysTV  ปีที่แล้ว +1

      Good idea, Merry Christmas, Stuart

  • @David-lp2fv
    @David-lp2fv ปีที่แล้ว +2

    Wow. Buy a second hand luxury car is the message here.