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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: joel0622 (Jul 23, 2007 3:30 pm) The super discount on the Civic Si was for real. I'm convinced our friend here is on the level with his story. "I am just waiting now for the story of how someone bought a new honda and sold it 3 years later and made a $2000 profit." I can't help you with the "profit" story, but I have managed to keep depreciation on new cars under $100/month, sometimes significantly. Not Honda or Toyota, but GM. Not everyone with an unusual story is making it up. -Mathias
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Replying to: steine13 (Jul 23, 2007 3:59 pm) Well come on, tell us how. You can't just throw out there that you can buy a car drive it 12 months and resell it for $1200 less then what you paid. 
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Replying to: joel0622 (Jul 23, 2007 4:18 pm) |
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Replying to: joel0622 (Jul 23, 2007 4:18 pm) Sold it five month later for $16,000. Let's see, $74 divided by 5 equals slightly less than $15.00 per month.
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Replying to: cccompson (Jul 23, 2007 4:55 pm) Sold it five month later for $16,000. So it is true then....... There is a sucker born every minute
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Replying to: joel0622 (Jul 23, 2007 5:02 pm) Sold it five month later for $16,000. So it is true then....... There is a sucker born every minute Not necesseraly true. Some people are better negotiators than others, and some just have a knack for finding good deals. The original owner may have negotiated a much better deal on the Mazda than most people. So, even at $16,000 it was better than what most people paid for it. I actually looked at it, and I think it retailed for close to $20,000. This is not just a Protege, this is a turbo charged Protege with some serious upgrades.
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Replying to: blueiedgod (Jul 24, 2007 6:58 am) = Ha ha ha, I said this in jest and am not taking myself seriously.
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Replying to: joel0622 (Jul 24, 2007 7:02 am) Try using  instead of next time. You may get better results.
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