How much Depreciation???
#1
How much Depreciation???
ok so i bluebooked my ride and says i could get $11,500 ish for my 04' sedan. (63k miles)
how much more do you think it will depreciate by next year this time if assuming:
- i put on the average 12k miles on over the year
- i don't add any damages to the vehicle and keep it pretty much in the same condition
any guesses? can anyone point me to where i could get a rough estimate?
thanks!!
how much more do you think it will depreciate by next year this time if assuming:
- i put on the average 12k miles on over the year
- i don't add any damages to the vehicle and keep it pretty much in the same condition
any guesses? can anyone point me to where i could get a rough estimate?
thanks!!
#6
#7
$11.5K? Is that trade in? Maybe it's the region you live in, but here in the Midwest, 04 RWD G35 sedans with 50-60K miles are going for $16K-18K, depending on options. I could easily sell my 03 for $15K.
Also, make you're using NADA value. Not Kelly BB. Kelly is dealer-sponsored publication. The values work in the favor of dealers, not the consumer. Why do you think dealers are always quick to point out Kelly BB value vs NADA?
Also, make you're using NADA value. Not Kelly BB. Kelly is dealer-sponsored publication. The values work in the favor of dealers, not the consumer. Why do you think dealers are always quick to point out Kelly BB value vs NADA?
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#11
Originally Posted by ttrank
I checked private party on my car and it is in the 11-12k range too.
1st gen sedans are not holding their value well right now at all.
1st gen sedans are not holding their value well right now at all.
I bought mine 8-25-08 with like 111k miles for $9500.00 after the bs $200.00 "Lot fee" or whatever.. If I didn't feel like I was already stealing the car I would have fought to get that waived..
#14
Great used buy....but i wouldn't buy one brand spanking new unless i was going to keep it for >5 years or was rich.
For me, i'm one of those 5+ people. I gotta buy a house and stuff so i am not all that concerned with buying a new car every 3 years to impress people anymore.
For me, i'm one of those 5+ people. I gotta buy a house and stuff so i am not all that concerned with buying a new car every 3 years to impress people anymore.
Last edited by Mustang5L5; 12-17-2008 at 03:48 PM.
#15
i was thinking of getting rid of my car b/c it's now in the shop after some dipsh1t t-boned me two weeks ago.
https://g35driver.com/forums/lounge-...cs-inside.html
so, i was thinking i'd drive it for another year and think about getting rid of it. not to try and impress anyone but b/c w/ 3 accidents now (none my fault) i feel like it's time for another project. we'll see.
https://g35driver.com/forums/lounge-...cs-inside.html
so, i was thinking i'd drive it for another year and think about getting rid of it. not to try and impress anyone but b/c w/ 3 accidents now (none my fault) i feel like it's time for another project. we'll see.