The fickle world of car values and depreciation, i found interesting reading in the Sunday Papers today.
TUMBLING DOWN
JIMMY SAVILE'S
ROLLS-ROYCE CORNICHE
In a charity auction held this summer, the 2002 Roller that Savile had nicknamed 'the beast' was sold for over £130,000: nearly 3 x the car's normal trade value.
In the light of the recent sexual abuse allegations against the DJ, a valuation expert described the car in the nuanced language of the trade as "totally worthless".
Bentley slames Brakes on losses
Bentley clocked up a loss of almost £4000 for every car sold last year, according to the luxury carmaker's latest accounts.
The company posted a pre tax loss of £21.4m for last year.
May be they should invite CM to there board meetings to shed some light on how its done
