You’re making a lot of sense. My head agrees with you but my heart doesn’t. Probably because I wouldn’t otherwise have otherwise ever have been able to buy such a nice car. Need to put my desires aside.So in four years time you think that a 60k miles Kodia will be worth less than £5k more than a 230k miles 9 year old XC90, even assuming that you have no big bills with the latter? PHEVs will have to be very popular!
The Kodiaq has an OTR of about £30-£32k depending on model but after discounts can be had for £23-£25k.
After 5 years and 50k miles, I’d expect/hope to sell for about £12k-£14k. So depreciation cost of £10k.
Just a quick search on Autotrader shows 3 of them, 2017 with c70k miles and asking prices around £17k.
The XC90 with 230k miles on and it being 10 years old. It would have to be cheapest on market. I should think comparable XC90s at the time with half the mileage will be £15-£17k so maybe £10-£12k for the high miler I’m considering?
Currently the asking price for those with 100k miles is c£25k. I know, mad right?!
Originally a £60k car. Hopefully low fixed running cost (VED) in the future too.
So either way I’m looking at depreciation cost of about £8-10k.
With the new Kodiaq there’s less risk of high repair cost, at least in first 3 years.
With the XC90 the risk is significantly higher.... but it looks so much better
Head or heart?!