Quote:
Originally Posted by Red__Zed
Using KBB prices is enough argument against your point.
Try looking at auction prices vs actual price paid, rather than comparing Msrp to KBB excellent.
The number of cars sold for KBB's excellent price can probably be counted on one hand.
Try actually selling the car, then re-evaluate
EDIT, for fun, here is depreciation as a percentage of MSRP and average purchase price.
MSRP ||5 year depreciation (per NADA) ||residual (vs MSRP) ||average purchase price new ||TC residual
2011 370z
$31,450 || $18,302|| 0.418060413 || $31,296 || 0.4200
GSR
$34,095 || $19,204|| 0.436750257 || $33,080 || 0.4497
MR
$38,090 ||$21,302 || 0.440745603 || $35,380 || 0.4686
All based on NADA to keep things fair
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I'll be at work with "prison" internet, I'll check on this when I am off (12 hrs from now). But we all should keep in mind there are a lot offactors outside of type of vehicle that can affet the sales price. And for the record, I sold vehicles a while back, my car is definitely considered in excellent condition. IT's the only reason I used it, as it's a real world value. But I would cede, because I was a salesman does not make me an expert, but I definitely not ignorant of value :P