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Car Depreciation

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Old 01-05-2010, 11:26 AM
  #11  
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Default Re: Car Depreciation

My 04 SRT-4 went from me buying it in 07 for $16k to last september trading it in for $4k.
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Old 01-05-2010, 11:27 AM
  #12  
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Default Re: Car Depreciation

Originally Posted by Hybrid AWD
What exactly determines a vehicles overal depreciation? Comparing my 07 GMC Sierra vs my wifes 07 VW Jetta it seems as though her car has dropped like a rock.

So it got me thinking about all of the cars through the years and how the pricing of them has dropped without any clear reasoning to me as to why.
Ditch it for a diesel... immediately.
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Old 01-05-2010, 11:28 AM
  #13  
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Default Re: Car Depreciation

Originally Posted by ....AJ....
This is why I don't buy new cars. I can get a c6 vette in the low low 30s now.
+

and i dont buy with intent to 'resale'. if you are already thinking about resale then why are you buying it? shrug: Flipping a car is different of course, im talking about ownership.
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Old 01-05-2010, 11:29 AM
  #14  
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Default Re: Car Depreciation

Originally Posted by ....AJ....
This is why I don't buy new cars. I can get a c6 vette in the low low 30s now.
I bought a very nice 06 w/ 40k and all options for 25k earlier this year.
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Old 01-05-2010, 11:37 AM
  #15  
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Default Re: Car Depreciation

Originally Posted by JROW
I bought a very nice 06 w/ 40k and all options for 25k earlier this year.
It's amazing how affordable they are now. from 50k to 25k in just a couple years. it's crazy. fuck a new car. seriously.
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Old 01-05-2010, 11:40 AM
  #16  
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Default Re: Car Depreciation

Originally Posted by ....AJ....
It's amazing how affordable they are now. from 50k to 25k in just a couple years. it's crazy. fuck a new car. seriously.
Supposedly, a new car, is the worst way one can spend one's money.
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Old 01-05-2010, 11:41 AM
  #17  
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Default Re: Car Depreciation

Originally Posted by 6CYLINDRSYMPHNY
Supposedly, a new car, is the worst way one can spend one's money.
Eh... not supposedly... it's fact. Only thing worse is a RV and/or a boat.
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Old 01-05-2010, 11:46 AM
  #18  
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Default Re: Car Depreciation

Originally Posted by Cobra4B
Eh... not supposedly... it's fact. Only thing worse is a RV and/or a boat.
this
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Old 01-05-2010, 12:16 PM
  #19  
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Default Re: Car Depreciation

gmc truck > junk ass vw... No shit
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Old 01-07-2010, 05:28 AM
  #20  
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Default Re: Car Depreciation

Originally Posted by htvngoc2010
Thanks all for contributing to this thread. Lots to read in this forum but I like it.
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