Date: Fri, 02 Oct 1998 23:11:20 -0700
From: Justin VanAbrahams <jvanabranopsamnet>
Subject: Re: Horsepower or Torque? Which is more significant?


Garry wrote: > > Justin VanAbrahams wrote: > > > The 9-5 is about $30k here in the states ($35k for a V6 SE), which is > > 1.5k more than my friend paid for his '98 Maxima. I think it's a DAMNED good > > deal for that kind of a car... > > I am affraid your friend overpayed for his Maxima. They are one of the best deals > around. Please tell me where I can get a brand-new '98 (well, '99 now) Maxima SE for under $28k... I'm sure Mark would be very interested... According to Auto-by-Tel he paid about 1.5k over dealer invoice. > Then probably to the list of the "more common cars" you should add some models of > Mercedes, BMW, Porshe, Ferrari, etc... (due to low depreciation) Huh? These cars have incredible depreciation! As soon as your car crosses that magical $30k mark, you are setting yourself up for massive depreciation. I can't think of any production car with a new selling price more than $30k that retains more than 70% of its value after a couple years... *Especially* on European cars. From www.recycler.com, here's a random sample: '93 Porsche C2 - originally over $80k - selling price $50k '95 BMW 540i - originally over $50k -selling price $30k '93 Mercedes 300E 2.6 - originally about $45k - selling price $30k If you can find me ONE example of a $30k+ car that doesn't depreciate similarly, I'll each my shoes. Both of them. > In any case nice talking to you. Keep you rpm high..... Why? All my torque is down LOW. -Justin

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