What is depreciation?

My car has depreciated almost all of it's value. Scrap value is all it would fetch now but to me it is worth a fortune. Still drives like a new car, very reliable, leaves most standard modern cars standing and gives almost 40 to the gallon (average over three years 30,000 miles) despite being a 2.0 litre auto. My 15 year old car has given me 14 years of trouble free motoring and still looks good. I guess it was trouble free for the first year of it's life too. Thanks Nissan.

My Honda Accord, 2ltr exec is 14 years old and still drives like a new car. 140,000 miles and it looks good for its  years. Why pay inflated prices for a car that doesthe same job?

had my v/h for 6 yrs so far two new springs /(thats theroads) so that is a lot of b/s

wheres the vauxhalls on there,insignias are worth two balloons and a goldfish,another load of bull from msn, i reckon vauxhall have given you a sweetener ,my mate works in sales at vauxhall and told me to keep clear of them.

thats what dream cars are.............only​ a dream to those who can`t afford them...

I run a BMW 728i I bought it at 3 years old in 2002,,£54000 when new I got it for a fraction of the price still drives like new.  Needed a new petrol tank last year £1000+ but still cheaper than buying another car,  a little heavy on petrol but being retired and don't  do great mileage it's not a problem..local BMW agent looks after it and keeps it running like new,,no expense spared full service history,,I'll run it into the ground rather than sell for a few hundred pounds.

thats not bad at all get a 2013 bmw 5 series and save £16604 in 4 years lol

British n proud? Nissan is Japanese! Bridge over the River Quai or what! "Madness! Madness!" In fact not so! "First year"!!! You mean it started to go wrong after only one year? - Back in 1998. Then for 14 years it was alright! What model is it though? Mazda of 13 years ago was good too.

Trouble is Malcolm... If ever some moron crashes into you or damages it in a car park while you are shopping, the cost of repairs could more easily outweigh the cost of paying you what it is worth on the open market and so it becomes a write-off, anything you have just spent on it does too, so there comes a point at which it is cheaper to let it go while still running to an enthusiast than to sell it for scrap as a write off perhaps but maybe it's past that stage by now, but I wouldn't invest a load of money repairing it when it needs it, it could be 'throwing good money after bad'. Enjoy while you can. I bet it has been very reliable especially with all that service history. A friend had a Mazda MX6 Mystere LS 2.5Ltr V6 automatic, fully loaded, leather, same thing at 12 years it had every stamp in the service book and was so reliable looked like new almost inside and out, but a little rust spot appeared and some damp started in the boot and that is the beginning of the end. It was time for a younger car for work, one to rely on rather than worry. It was handed over to family due to parking and so on, sadly the MX6 was destroyed the niece's bad luck! I wouldn't have given up on it so soon. Thirsty though at 25mpg! Boy - was it smooth though, the auto was so different from that on the cheaper models in the range, everything was. It was heavy, solid. The new BMW 3 series 2.5i manual which preceded it by a decade or so was my favourite though. Now that really looked the business as I'm sure yours did.