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KBB Value dropping drasticly

Originally Posted by Red__Zed So, less than 10% off? That's like getting 2.8k off a mustang, when in reality you'll get something like 10k off. Thanks for proving my point.

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Old 02-27-2014, 11:34 AM   #11 (permalink)
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Quote:
Originally Posted by Red__Zed View Post
So, less than 10% off?

That's like getting 2.8k off a mustang, when in reality you'll get something like 10k off.


Thanks for proving my point.
Isn't arguing that the Mustang has better value retention than my estimate by reasoning that there's $10k on the hood akin to cutting off your nose to spite your face?

If the average Mustang GT transaction price is in the low $20k range, then yes, the 5-year old KBB value above would indicate that it has a strong residual value.

I don't mean this as an affront to the Mustang...it has been expressed here and elsewhere that the Z has depreciated beyond an acceptable level, and my stance is that it hasn't.
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