Depreciation
Le Mans Master
Joined: Feb 2011
Posts: 5,783
Likes: 400
From: Paoli, IN
St. Jude Donor '17, '19
A brand New 2016 3LT Z51 coupe can be purchased right now at Kerbeck for $70,396 so the depreciation isn't that great. The other 2 cars are almost 3 model years old. A brand new 2016 1LT can be purchased at Kerbeck right now for $51,250 vs $44,995 for a 2014 with over 31,000 miles.
The bargain is the 2014 Z51 3LT...that's a savings of almost $18k. However there are dealers on this forum offering $20k off list for 2015 leftovers/ demos if yellow is your color.
I'm really not seeing bargains out there on used Stringrays just yet.
The bargain is the 2014 Z51 3LT...that's a savings of almost $18k. However there are dealers on this forum offering $20k off list for 2015 leftovers/ demos if yellow is your color.
I'm really not seeing bargains out there on used Stringrays just yet.
Last edited by ~Stingray; Apr 19, 2016 at 10:25 AM.
Safety Car
Joined: Feb 2016
Posts: 4,980
Likes: 3,826
From: Bainbridge Island WA
Really? My 1967 MkII Jaguar was worth about $12K when I sold it. New it was about $5K. Be careful with absolutes. Indeed, the major point originally. It depends.
Instructor
Joined: Sep 2004
Posts: 246
Likes: 64
From: N California CA
Check Autotrader. Chevy is offering 15% off, plus whatever the dealer will do. A white one in Texas is 21 or 22k off. I almost bought it yesterday. Act quick. There are only half as many left as a week ago.
Burning Brakes
Joined: Jan 2015
Posts: 937
Likes: 223
From: South Carolina
Anything---even the lowliest AMC/Rambler, Ford Falcon, Chevy II, Dodge Dart or Valiant, you name it, anything from the '50s or '60s are now(or have been)worth WAY more than when new, unless they're almost junkers. Now, most '50s models are declining somewhat from their peak and many '70s and '80s models are now increasing in price.
Last edited by witch hunt; Apr 19, 2016 at 11:26 PM. Reason: content add
Racer
Joined: Mar 2016
Posts: 256
Likes: 17
If people are so obsessed with deprecation, why not lease? Example. My 2011 Yukon that I bought 5 years ago (and now own the pink) was 0% finance. So I bought it. Put $25 k down. Know what? That down payment I will get back when I sell it (next year) so whats the moral of the story? Doesn't matter lease/buy, deprecation is a fact of life. Had a 2010 GT3, drove it for two years ..still lost a few thousand on it. Very few cars appreciate Incudling P cars, ferraris, Bentleys. Drive em,love em, trade em
