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Smart Shopper Smart Shopper-Archives Depreciation: Foreign vs Domestic Vehicles 
70 messages, Last post on Jul 24, 2007 at 9:30 AM
You are in the Smart Shopper-Archives Forum. Your Hosts are kirstie_h & tidester
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Replying to: oldfarmer50 (Jul 11, 2007 3:45 pm) One day this Texan was in TN and he stopped to talk to a guy in hay field. The Texan asked how big his place was and the Tennessean replied he had 150 acres. The Texan said "Hell I can get my truck, drive all day, get up the next morning drive all day again, and then get up and do it a third day and still not get to the other end of my property in Texas." The Tennessean replied "Ya I used to drive a Chevrolet truck to"
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Replying to: joel0622 (Jul 11, 2007 4:02 pm)
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Replying to: british_rover (Jul 11, 2007 4:21 pm)  i guess it goes without saying the guys at the Chevy store tell the joke a little different then I do.
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Replying to: joel0622 (Jul 11, 2007 5:00 pm) I know all the Ford and Dodge ones but never heard one for Chevy.
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Replying to: british_rover (Jul 11, 2007 5:31 pm) Would I be a Ford man if I didn't? Chevy Cheapest Heap Ever Visioned Yet Can Hear Every Valve Yell Can Hear Every Valve Yelling Cannot Have Expensive Vehicle Yet Chevrolet Can Hear Every Valve Rattle On Long Extended Trips Car Has Extensive Valve Rattle On Long Extended Trips. Cheap Hardly Efficient Virtually Runs On Luck Every Time Cranks Hard Every Valve Rattles Oil Leaks Every Time Crappy Hot-Running Engines Very Rusted Out Lose Every Time BTW Kirtstie and Tidester are going to get us for being WAAAAAAAAAAYYYYYYYYYYY off topic
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Replying to: joel0622 (Jul 12, 2007 4:52 am) Err on topic... Depreciation bad domestics uhhh too many rebates err yeah something like that. |
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Replying to: british_rover (Jul 11, 2007 3:49 pm) I imagine I use duct tape on a lot of things I'm not suppose to.
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Replying to: oldfarmer50 (Jul 12, 2007 5:34 am) On topic - Some time next year, I expect my '07 Pontiac G6 with 8K miles (MSRP $22K) to be about the same resale value as my '05 Toyota Matrix 4WD XR with 40K miles (MSRP $20K). I've owned about 40 cars over 33 years and most of them were BIG 3 (American). I guess that I'm growing up, because I don't plan to trade until 2009 where I used to trade one of the three on average of every 8 months. 
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Back in 2002-2003 my girlfriend and I bought new cars. I bought a 2002 Honda Civic Si, she bought a 2002 Ford Focus. Both vehicles were 5 spd stick, with power windows, sunroof, power door locks, remote keyless entry, air conditioning, cruise control, alloy wheels, both had 2.0 liter engines. Both cost about the same, $14,500 for the Civic, and $15,000 for the Focus. Both were financed through respective manufacturer, Honda had 1.9% APR for 60 months, and Ford was 0% APR for 60 months. In 2005 we decided to change to small SUV's. I took my Civic to the Honda dealer to trade in on a 2005 CR-V. Dealer gave me $12,500 for the Civic ($20,500 for brand new CR-V EX 5 man). I owed about $8000 on the Civic by then. Girlfriend took her Focus to Ford to trade in on the Escape. Dealer offered her $6000 for the Focus. She owed about $8000 on the Focus by then. She ended up selling it privatley for $7000, paid an extra $1000 to pay it off to release the lien. Honda Civic: $14,500 - $12,500 = $2,000 for 2.5 years in depriciation. Ford Focus: $15,000 - $6000 = $9,000 for 2.5 years in depriciation. You make conclusions. |
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Replying to: blueiedgod (Jul 19, 2007 3:49 am) You probably paid too much for the Focus back in 2002 though. |
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