Heard a terrible tale of depreciation only the other day, mate bought a VW Toerag about 3 years ago, the V10, 5.0 Tdi one, cost new was £65K ish, he paid £47K as an ex demo, ran it 2 years, put 30 odd K miles on it, took it to p/x and was offered £16K for it!!!!!!
Oh how I laughed ...