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New cars, depreciation and selling a used car
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Posted by John Davies (more from John Davies) on Wed, 30 Apr 2003 08:14:39 Share Post by Email
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Everyone knows Saabs depreciate like crazy. SaabUSA is offering huge incentives on '03s. It is certainly a buyers market....so my question is:

Is it better to take a licking on the sale of my used Saab, or wait until later in the year when the '04s come out and hope the Saab car market gets a little less crazy?

I am having difficulty reconciling continued insurance and other operating expenses vs the miserable financial situation in selling my car now. I do need to get rid of the car due to unforseen personal reasons, but if I could make several thousand more by waiting until the end of summer, I would be willing to wait.

What are your thoughts? Wait or sell at a big loss?

And NO this is not a "Disguised For-Sale Ad", so I hope I don't see any replies hinting that.

Thanks.

posted by 12.82.168...

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