• Another way of looking at it would be that I paid £11,800 deposit for the car and then ~£500/month since. I wonder what new car I could have been in for that?

  • Probably an m6

  • I got to say, when you bought it I was expecting the costs to be more than 11k after a couple of years.
    Seems a pretty reasonable example of ownership tbh. 20k-ish in after two years and you own it.

    Anything new then and owned by now for the same cost wouldn't really excite. Anything interesting you'd still have years left before you were done. Anything leased, you'd soon be looking at replacing / buying.

  • Mercedes-AMG C 43 4MATIC Edition Saloon (with no options - couldn't find the estate for some reason):

    48 Monthly payments of £540.28

    Retailer offer price £45,540.00

    Customer Deposit £7,488.25

    Total Deposit £7,488.25

    Purchase Activation Fee £10.00

    Amount of Credit £38,051.75

    Optional Purchase Payment £18,825.00

    Total Amount Payable £52,256.69

    Duration of Agreement 48 months

    Annual Mileage 10,000 miles

    Excess Mileage Charge 15.6 pence per mile

    Fixed Interest Rate 5.78%

    Representative APR 5.9% APR

    Edit: so after 4 years, you have spent £33.5k excluding consumables and servicing, and you don't own the car.

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