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Jun 14th, 2026
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Joined: Jan 2012
Posts: 4,333
Gone to Porsche Part of the Furniture
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Gone to Porsche Part of the Furniture
Joined: Jan 2012
Posts: 4,333 |
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
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
Bentley clocked up a loss of almost £4000 for every car sold last year, according to the luxury carmaker's latest accounts.
Reminds me of the story of David Brown showing a big Hollywood star (I think it was Cary Grant) around Aston Martin when the DB5 came out. At the end of the tour, said movie star told him that he loved the car, but that as a big star he should be able to buy one at cost price. DB thanked him effusively, pointing out that everybody else was getting their car for £600 less than that.
Giles. Mogless in Paris.
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