Re: OT: Irrational Exurbance? - Saab General Bulletin Board - Saabnet.com


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Re: OT: Irrational Exurbance?
Posted by Bill Homer [Email] (more from Bill Homer) on Wed, 12 Jul 2017 09:38:52

In Reply to: Re: OT: Irrational Exurbance?, JerseySaab [Profile/Gallery] , Wed, 12 Jul 2017 08:53:42
Alert me when someone posts in this thread:

First of all, the depreciation on any high-end car is steep. Those that can afford them new usually buy new, leaving a gap in the market. A 2013 BMW 750i with CPO is listed by KBB at $30K - 35K; this is less than what the 2013 Tesla in the story was selling for, despite a higher initial cost.

Second, operating costs: we had an Audi A6 Avant that was using $200 - 250 of gasoline per month. The Chevy Volt that replaced it uses approximately $20 - 25 worth of electricity for the same commuting duty. The $180 - $225 savings per month goes a long way towards a monthly car payment. Thanks to everyone for subsidizing the roads, but we still have to pay full annual registration with both the state and the city we live in.

The economic parity is closer than you think.

posted by 108.71.132...

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