David Beckham's cars lose value
Tuesday, 17 March 2009
David Beckham's luxury cars lost nearly £200,000 in value last year.
The British soccer star's fleet of exclusive vehicles decreased in worth by an estimated £181,322 in 2008 - more than any other celebrity.
A survey of celebrity motorists by Britain's leading pay-as-you-go rental company City Car Club named Beckham the biggest victim of depreciation, followed by fellow soccer players Steven Gerrard, who lost more than £160,000, and Rio Ferdinand, who lost £158,000.
In just 12 months Beckham's two Bentleys decreased in value by more than £120,000, his Hummer H2 by £54,900, and his Lamborghini by £33,100.
Other celebrities to appear in the top 10 include 'American Idol' judge Simon Cowell, who lost more than £157,000 and Jamiroquai singer Jay Kay whose 25 deluxe motors decreased by a combined £149,000.
50 Cent, Justin Timberlake, soccer stars William Gallas and Wayne Rooney and British comic actor Rowan Atkinson also appear on the list.
City Car Club claim the credit crunch has affected the luxury car market so badly the average depreciation of top brands has swelled to about 40 per cent in the first year.
To find out more about pay-as-you-go car rental, visit www.citycarclub.co.uk.
City Car Club's top 10 celebrity vehicle depreciations:
1. David Beckham, £181,322
2. Steven Gerrard, £160,705
3. Rio Ferdinand, £158,665
4. Simon Cowell, £157,920
5. William Gallas, £152,000
6. Jay Kay, £149,938
7. 50 Cent, £143,390
8. Wayne Rooney, £130,775
9. Rowan Atkinson, £82,825
10. Justin Timberlake, £37,933
(C) BANG Media International
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