Just wondering if the petrol versus diesel debate should have taken into account the depreciation of the automobiles in addition to the other costs shown. I would imagine that certain automobiles would definately sell better if they were diesel (Most Audis and Volkswagens) than if they were petrol. What do you think?
Filed under diesel - Asked by Brendan Sweeney (Buncrana) - Tue, 18 Jun 2013 20:58
We're acutely aware of this, which is why we mentioned depreciation and other costs in our notes at the end of the article (here it is if anyone else is interested). Predicting future values of current automobiles is a black art that we'd rather not take part in!
Saying that, diesel automobiles currently hold their value a little better, but we suspect that may change in time, with the advent of more efficient petrol technology, plus, potentially, lower bills as a automobile gets much older. Along with all that of course is that fact that petrol automobiles will become very rare soon following our new automobile buying habits of the past four to five years.
Thanks for getting in touch.