Quote:
Originally Posted by Zaggeron
All people who buy used cars should laugh at the folks who break them in for them. You'd be raped if you bought a Corvette in 2006 and tried to sell it now
2006 base Corvette: retail in 2006 43,700. avg Kelly BB value now 27k
2006 Z06: retail in 2006 64K. avg Kelly BB value now 36K
My point is that resale value for almost all cars suck after they are a few years old. But at least for sports cars, they can bottom out as someone almost always wants them -- unlike a Camry or a Corolla which just go down and down until they hit the junkyard
Given that you are buying a new car, resale value down the road is just one of many things to consider and depreciation is one of the prices you pay for the piece of mind you get with a new car, or the satisfaction of the desire to "have it now"
Oh, and I wouldn't quite call the people who wait two years just to save a few bucks by buying it used "winners"  |
However only morons were buying 2006 corvettes at MSRP. Most could be had for thousands below Invoice as gas prices were skyrocketing! I was looking at new 2008 Vettes back in 2008 for $38k not $45k Just try going under invoice with buzzy little BRZ right now.
Well history has pretty much proven cars with some level of pent up demand are not good investments. People pay at or over MSRP and frankly this car is underwhelming when you take off the delusional colored glasses. Lol! The hype will wear off when pent up demand is met. I predict that to be about two years. That's hardly a wait at all and it's going to mean thousands in savings. Heck it will pay for a blower kit and some real wheels and tires!