Dick Dastardly said:
Does suffering the largest drop in value which occurs in the first two years of ownership on a regular basis make the servicing ‘free’?
Lol you've taken my tongue in cheek post rather literally.
Largest drop occurs after the first 12 months and the pummelling from depreciation eases as the years go by, for most cars anyway.
Weirdly in the case of my friends 997.2 who chose to hang on to his car since 2009 and use it as his daily driver rather than buying a new Golf GTI, that cars value has gone U in shape and has been steadily, but not significantly, rising for the last few years.
In my case I normally aim to wait at least one model cycle (usually 3.5 years). However I waited a full model cycle (around 7 years) with my last purchase, 997.2 to 991.2.
I then went from just under 2 years ownership of the 991.2 to a new 992 C2S cab. I lost just under 17% on the 991.2 which was more than acceptable for me given the average car loses 30% plus after its first 12 months. The by-product of this was zero service or maintenance costs from 991.2 to 992 C2S, so I kept another £700-£1000 in my pocket.
Having lost my mind due to lockdown, I'm now going from my 5k miles 992 C2S cab to 992 Turbo S.
On the plus side the dealer has his tongue hanging out waiting to take my C2S Cab in April/May when my TTS arrives. This is perfect timing for a Cab as it gives them a good few warm months to sell the car at top money. Also, new and p/x cars are coming into the dealer networks very slowly so the market isn't exactly flooded right now. I've agreed a fantastic buy back price for my car which I'm very happy with. And kept another £700-£1000 in my pocket.
I'm not deliberately kicking myself in my private parts to save on service costs. Nor would I advise anyone to keep changing cars every 12-24 months. But with the right car (EG not a Maserati) it doesn't hurt anywhere near as much.
Cheers.