I think 007 said it right, about the members on here who have bought a brand new Clio and take a huge depreciation hit on that. Its down to what you think is VFM, plus its down to your finances. Assuming were talking about spending your own money and not your employers, buying Williams 002 for £15k is bloody clever compared to buying a fully loaded Clio 182 for the same money, then selling it for 8 grand in 3 years time.
The worst of it is that this crazy situation - of people buying brand new cars then selling them after 3 years for half what they spent - is so widespread that its actually regarded as the norm! So whoever bought 002 for £15k is the normal one, the rest of us who didnt buy it are mental!
The bottom line is, if the new buyer drives it around every other weekend and it never sees a wet day, they keep it well maintained, then puts it back on the market in 5 years time, someone will STILL pay 15k for it. Look at Escort Cossies, same sort of thing and theyre not even that rare.