In 2007 I bought a New Freelander HSE on PCP.At the end of the deal I was going through a divorce and my business hit very hard times so it had to go. I relaosed that over the period, 3 years, I lost £18000 which was just crazy. I replaced it with a P38 that unfortunatly lasted only 9 months before problems. Had a Mondeo for 9 months before I bought the Disco.
I do somewhere between 200 th 30k miles a year and would wipe out the value of a new car. And as you say cost a fortune to keep on the road. I now have a collection of cars and don't loose £6k every year.