What used cars hold their value?
10-21-2011, 02:56 PM
#1
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What used cars hold their value?
I got my C5Z 3 years ago and looking at what's out there I really only lost maybe 3 to 4 thosand on it so far. Any other car I bought 3 years ago for the same price would now be worth about $12K 
What other cars (probably already lightly used) hold their value like a corvette? I'm gonna have to get rid of mine for something badass with a back seat.
What other cars (probably already lightly used) hold their value like a corvette? I'm gonna have to get rid of mine for something badass with a back seat.
10-21-2011, 04:07 PM
#2
Safety Car
All cars are pretty much the same in that they depreciate until they reach a sustainable bottom value, and then the value drops very slowly from that point. On the Vettes, the bottom resistance value is higher than on many other cars, and is reached much sooner.
Many low volume, enthusiast cars will be similar to the Vette. Cars that people buy because they want to buy ine, and which are not available in huge quantities. The major exception to this rule seems to be the S2000, which is holding it's value really well even though production was high. Porsches initial hit is higher, but after the first 5-6 years, they then hold their value really well.
I was looking at a 2005 Maserati the other day. The original owner has already taken the initial $50k hit... The value will now probably stay pretty much the same for many, many years.
Many low volume, enthusiast cars will be similar to the Vette. Cars that people buy because they want to buy ine, and which are not available in huge quantities. The major exception to this rule seems to be the S2000, which is holding it's value really well even though production was high. Porsches initial hit is higher, but after the first 5-6 years, they then hold their value really well.
I was looking at a 2005 Maserati the other day. The original owner has already taken the initial $50k hit... The value will now probably stay pretty much the same for many, many years.
10-21-2011, 05:02 PM
#3
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St. Jude Donor '11, '16-'17
Bought a 2011 FJ Cruiser for $30k. I see used 2007s for $24k all the time. I have no idea who is buying those. I'd rather spend a little more and have a warranty.
10-23-2011, 09:05 AM
#4
Team Owner
Well kept, low mileage Ferraris can easily appreciate in no time, the only modern car I'm aware of that does so. You're not going to get ahead with any other "production" car.
Winner of the Darwin Award for Most Depreciation Leading to Possible Financial Ruin---anything by Bentley. A new Azure in recent years has had MSRP over $360,000 and can easily be 1/2 that or less in a few years, regardless of miles or condition.
Winner of the Darwin Award for Most Depreciation Leading to Possible Financial Ruin---anything by Bentley. A new Azure in recent years has had MSRP over $360,000 and can easily be 1/2 that or less in a few years, regardless of miles or condition.
10-23-2011, 10:47 AM
#5
Salty Veteran
a tad of topic but I paid $18,200 for a 2008 Harley Street Glide in March '08 and just sold it for $16k a few weeks back.
The Mini Cooper holds it's value pretty well, I think the money factor on that car is 59%.
The Mini Cooper holds it's value pretty well, I think the money factor on that car is 59%.
10-25-2011, 10:41 AM
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St. Jude Donor '08
And flame away, but the Nissan GT-R holds it's value VERY WELL...I drove my 09 for 2 years and it cost me 14K in depreciation, and that was with disclosing it had a tranny rebuild....if it had not it probably would have been even beter....
10-26-2011, 11:07 AM
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That's what I have in mind actualy. I'm between a pretty nice sti, or a 3422735 mile wrx for dirt cheap and then doing a whole suspension/engine rebuild better than a sti. That or maybe try to just trade my vette now for like a ctsv :-)
10-27-2011, 12:23 PM
#12
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It'll depend on what you want to use it for. The STI has always appealed to me over the WRX. And, I wanted to get something used and cheap since I'd be driving it daily. Especially in/around Boston where people like to rub up against you to fit into places. I agree that the 5-speed is better for DD, but the STI has an auto and manual adjustable Diff selector, which is what I liked about the tranny.
11-03-2011, 04:48 AM
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11-04-2011, 05:04 AM
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I believe those days are over....you can get slightly used 458's for at or under sticker price....430 prices have also taken a beating in the past year or two....while I agree they hold their value very well it's not like it once was....
And flame away, but the Nissan GT-R holds it's value VERY WELL...I drove my 09 for 2 years and it cost me 14K in depreciation, and that was with disclosing it had a tranny rebuild....if it had not it probably would have been even beter....
And flame away, but the Nissan GT-R holds it's value VERY WELL...I drove my 09 for 2 years and it cost me 14K in depreciation, and that was with disclosing it had a tranny rebuild....if it had not it probably would have been even beter....
11-04-2011, 09:16 AM
#17
Le Mans Master
The only modern car I've seen in the last twenty years that has actually appreciated is the FGT. Not a huge amount,about 8-10% over MSRP so far. Excluding the Heritage.
