Quote:
Originally Posted by AF
$6,500 loss on a 3 year old car purchased brand new and 36k miles is amazing and you know I’ve owned A LOT of new cars. I always expect a $6k loss (actually more like $8k to $10k) at a minimum per year.
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$6500 depreciation on a car you paid $65k for is one thing. Perhaps you could call that thing, I don't know, say, 10%.
$6500 depreciation on a car you paid $24,500 for is another thing. Perhaps you could that thing, I don't know, say, 27%.
A 73% residual value on a 3 year old car with 36k miles is good (and surprisingly good for a pony car) but I don't see it as OMGWTFBBQWOW!!!! good.