Quote:
Originally Posted by underscore
Watching the Top Gear cheap car challenges I was always amazed at how cheaply they could get rather good looking cars and how everything seems to depreciate like crazy. An MOT seems pretty lax compared to a Shaken or the German testing so why do they drop so fast?
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I think it's a combination of a few things. You can import cars from Japan for cheap (no 15 year rule), limited parking for spare fun cars, no VAT on private sales, and people seem to really like having a new car.
Edit: As Westopher says, RHD is also just generally less desired but I disagree on the climate remark. It's basically the same as here in terms of rust. Maybe it's just that more people park outside.