Date: Sat, 03 May 2003 00:13:58 +0100 From: Johannes H Andersen <johsnopsamsizefitterzzzz.com> Subject: Re: Saab Depreciation: Greater than most?
davehinznopsamcop.net wrote: > > Someone who looks an awful lot like Globaldisc <globaldiscnopsamcom> wrote: > > Been watching Saabs on Ebay for awhile...recently saw a '95 900s 2-Door w/60K > > go for less than $5K, a '98 w/78K 4-Door go for $6,800. OK, I don't expect > > Saabs to retain their value like BMW or MB....however these numbers reflect > > deprection that's even greater than what you see in an Audi. What is it with > > the second hand/used Saab?...maintenance costs/mechanic/part availability > > contributing to the equation here? > > Well, some of it is the nature of eBay (people pay more for a car they > can try before they agree to buy it), I'm sure. > > It really depends, I feel, on how long you want to keep your car. If you're > buying new and going to trade it in in 3 years (or are leasing), you take > a huge depreciation hit. Not sure how that compares to MB and BMW, I would > think it's in the same neighborhood. > > The good news is, you get a 3 year old car from a lease or someone who wants > the newest/shiniest car, and you get a car that's good for several hundred > thousand more miles, and another decade if you choose to keep it that long. > > Parts & labor are, from what I know, comparable. For me, it just means that > a 3-year tradein is the best bargain. > > Dave Hinz Cars like Porches and Ferraris have surprisingly low depreciation. These cars might have been driven hard and are presumably expensive to maintain. I think the reason is that the new price is beyond reach of many, so that any small reduction is welcome. Owning such cars, you still become member of an exclusive club. Mercedes and BMW have models in the higher echelon, this may influence the whole range. Typically the humble A class is placed next advertised next to an SL in their adverts. Saab of course lack a real prestige model in their range. However, we can only enjoy the comparative excellent value and longevity of a 3-year old Saab. Johannes may be because the
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