Re: Holy depreciation! - Saab 9000 Bulletin Board - Saabnet.com
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Saabs do depreciate fast, but at least in the States used cars are depreciating abnormally fast. Blame it on slow car sales in general and super-low new-car interest rates. It almost doesn't make sense to buy a late-model used car anymore with the offers that dealers have on new ones.
I spent the last few days looking for my next car, and one of the choices happens to be a Ford Escape. This vehicle was brand-new in 2001, and prices ranged from US$18K to US$24K. I've had no problem finding 1 year old cars for $12k-$15. *That's* fast depreciation!
-Justin
posted by 64.166.4...
Posts in this Thread:
- Holy depreciation!, Gord, Tue, 31 Dec 2002 13:43:29
- Bord, Let's make a deal. 4k US dollars right now. nm, Willie Wee, Tue, 31 Dec 2002 17:02:04
- Re: Holy depreciation!, Justin VanAbrahams , Tue, 31 Dec 2002 15:50:41 <-- Viewing This Message
- Re: Holy depreciation!, Charles Schwartz, Tue, 31 Dec 2002 13:58:39
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