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Old 11-05-2010   #1
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big depreciation hit on A500 esseesse

just had a quick nose on eBay and there are a number of A500 esseesse at around 14k

i am glad i didn't get one last year as i would have been looking at a 4k hit

non esseesse models seem to be holding value better - makes no sense...
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Old 11-05-2010   #2
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Re: big depreciation hit on A500 esseesse

From what I've heard the Essesse suspension is more suited to track work than everyday driving, which could explain the drop if dealers are struggling to shift ex-demos due to this.
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Old 11-05-2010   #3
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Re: big depreciation hit on A500 esseesse

Quote Originally Posted by zanes View Post
From what I've heard the Essesse suspension is more suited to track work than everyday driving, which could explain the drop if dealers are struggling to shift ex-demos due to this.
yea maybe - if people don't understand what it is they are buying
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Old 11-05-2010   #4
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Re: big depreciation hit on A500 esseesse

I think this might be the one that has done about 25k+ miles, which would explain the price!
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Old 11-05-2010   #5
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Re: big depreciation hit on A500 esseesse

Quote Originally Posted by abarth_178 View Post
I think this might be the one that has done about 25k+ miles, which would explain the price!
http://cgi.ebay.co.uk/2009-FIAT-ABAR...item414f5c2db0
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Old 11-05-2010   #6
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Re: big depreciation hit on A500 esseesse

Bargintastic
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Old 11-05-2010   #7
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Re: big depreciation hit on A500 esseesse

Maybe the person needs the money and therefore wants a quick sale

Maybe the guy has 10 Essesses and decided he can afford to lose money on one


Or maybe one of 1000 other reasons which could justify why a person may want to sell a car for less than "market rate"
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Old 11-05-2010   #8
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Re: big depreciation hit on A500 esseesse

Quote Originally Posted by olopboy View Post
Bargintastic

Sure is, shame it's the wrong colour.
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Old 11-05-2010   #9
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Re: big depreciation hit on A500 esseesse

i am sure i have seen these pics before on this site about a year ago when the owner had just got it may be he needs to sell it quickly or does not like it ?
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Old 11-05-2010   #10
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Re: big depreciation hit on A500 esseesse

If he's lost 4k then that's what he's paid for the car, not a bad car for 4k if you ask me! Money spent, not lost
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Old 11-05-2010   #11
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Re: big depreciation hit on A500 esseesse

Probably got a few hundred quid for the original Abarth bits as well.
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Old 14-10-2010   #12
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Re: big depreciation hit on A500 esseesse

Quote Originally Posted by zanes View Post
From what I've heard the Essesse suspension is more suited to track work than everyday driving, which could explain the drop if dealers are struggling to shift ex-demos due to this.
ZANES Nothing wrong with Esseesse suspension my 90yr old mother loves it!
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Old 18-12-2010   #13
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Re: big depreciation hit on A500 esseesse

I have been under family pressure to sell my Abarth and get a bigger family car.
I have a soft spot for S Type Jags so went to look at a 57 plate minter. I was asked what I would be part-exing. If mine had been an Essesse they wouldn't have touched it. They also mentioned that they would be looking for side stripes, scorpion and a few extras. I have all that.
Then they offered me ten grand.
Sod that but maybe that's the real used price on a year old 6,500 mile A500.
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Old 19-12-2010   #14
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Re: big depreciation hit on A500 esseesse

Do consider that 17.5% of the purchase price goes straight to HMRC.

So its nett circa 1500 loss over a year, about 10% of cost in the example given

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Old 19-12-2010   #15
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Re: big depreciation hit on A500 esseesse

Don't forget that is a trade-in price as well so they would be looking to make a profit on the 500 too - probably in the region of 1000. A private sale at market price would be a more attractive option.

Trading a nearly new car in for another one is a notoriously bad way of getting rid of it pricewise. It is only worthwhile if you are having trouble selling the car in the first place.
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