Heres a current list of cars that depreciate quickly
#76
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C8AF44D5AC6Xz124HiiUdfEEE6@140.99.99.130 ...
> "Mike Marlow" <mmarlowREMOVE@alltel.net> wrote in
> news:48f5c$446e24ab$45289739$22115@ALLTEL.NET:
>
> > More money than brains? That's what I used to think too,, but the
> > more I work on cars now, the more I believe those folks may not be so
> > stupid. Drive 'em trade 'em in before you have to do *anything* to
> > them, and go about the other things in life. What the heck - a car
> > payment is a car payment. Why worry about depreciation if you're
> > resigned to a car payment for the rest of your life.
>
> I'm sure you are saying some of that tounge-in-cheek, but you do make a
> good point. Since 1990, my car payments have only gone down (admittedly,
> not much) each time I traded up.
>
> A few times I traded up my car loan was actually "upside-down", but that
> hasn't happened yet with my Hyundai's.
>
Actually Eric - not so tongue in cheek. I'm getting to the point where I'm
really getting tired of working on cars. I have 5 to maintain in my
household plus all of the "friends and neighbors". I'm really starting to
see some value in simply driving them. Sometimes it seems that all you do
is bend over an engine compartment, or lay underneath a tranny, or wet sand
a body, or...
--
-Mike-
mmarlowREMOVE@alltel.net
#77
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Mike Marlow" <mmarlowREMOVE@alltel.net> wrote in
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
#78
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Mike Marlow" <mmarlowREMOVE@alltel.net> wrote in
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
#79
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Mike Marlow" <mmarlowREMOVE@alltel.net> wrote in
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
news:565e1$446f1f4a$45289739$7597@ALLTEL.NET:
>
> Actually Eric - not so tongue in cheek. I'm getting to the point
> where I'm really getting tired of working on cars. I have 5 to
> maintain in my household plus all of the "friends and neighbors". I'm
> really starting to see some value in simply driving them. Sometimes
> it seems that all you do is bend over an engine compartment, or lay
> underneath a tranny, or wet sand a body, or...
I have four to work on myself. I loved doing it back when I had the time.
I would still love it, but with two toddlers running around, and a third on
the way, I love playing with them more than working on the cars. And,
personally, I think spending time with them is more important. Plus, sleep
deprivation can make you do some weird stuff :-)
I still do my own oil changes, and I will spend the time to at least
diagnose a problem before I take the car somewhere to get fixed, but doing
the work myself is a last resort. Plus, with the Hyundai warranty, I
haven't had to do any myself for financial reasons.
#80
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in Lake
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
#81
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in Lake
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
#82
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in Lake
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
Villa) wrote:
>http://foxnews.smartmoney.com/ask/in...story=20060516
I wonder if they base their depreciation calculations on List Price or
the Actual Price Paid. If they base the depreciation calculation on
List Price, then the results are meaningless because many car brands
(such as Hyundai) sell well below list price whereas other brands
(such as Honda) sell at about List Price.
If would be incredibly stupid to base the depreciation calculation on
List Price rather than Actual Price but I would not be surprised if
they did.
Darwin
#83
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
#84
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
#85
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
You make an excellent point, but how would they possibly calculate it on
price paid? They would have a different number for almost every car sold.
Eric
#86
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
#87
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
#88
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Darwin <Darwin@nospam.com> wrote in
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
news:epvu62h6ad981jkrfpms7b8rjbo8r7ilo6@4ax.com:
> On Thu, 18 May 2006 17:01:02 -0500, DaveInLakeVilla@webtv.net (Dave in
> Lake Villa) wrote:
>
>>http://foxnews.smartmoney.com/ask/in...story=20060516
>
> I wonder if they base their depreciation calculations on List Price or
> the Actual Price Paid. If they base the depreciation calculation on
> List Price, then the results are meaningless because many car brands
> (such as Hyundai) sell well below list price whereas other brands
> (such as Honda) sell at about List Price.
>
> If would be incredibly stupid to base the depreciation calculation on
> List Price rather than Actual Price but I would not be surprised if
> they did.
>
> Darwin
>
To follow up on this, I visited http://www.kbb.com and http://www.nada.com
and did a search on my car ('06 Sonata GLS V6). Both sites came up with
just about $16,100 on a trade-in in "good" condition. That is exactly what
I paid for my car brand new in September, 2005.
Eric
#89
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C9AECBC5A33Xz124HiiUdfEEE6@140.99.99.130 ...
>
> To follow up on this, I visited http://www.kbb.com and http://www.nada.com
> and did a search on my car ('06 Sonata GLS V6). Both sites came up with
> just about $16,100 on a trade-in in "good" condition. That is exactly
what
> I paid for my car brand new in September, 2005.
>
Sorta puts a dent in the depreciation story doesn't it Eric?
--
-Mike-
mmarlowREMOVE@alltel.net
#90
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Eric G." <NgOrSePeAnM99@Zoptonline.Znet> wrote in message
news:Xns97C9AECBC5A33Xz124HiiUdfEEE6@140.99.99.130 ...
>
> To follow up on this, I visited http://www.kbb.com and http://www.nada.com
> and did a search on my car ('06 Sonata GLS V6). Both sites came up with
> just about $16,100 on a trade-in in "good" condition. That is exactly
what
> I paid for my car brand new in September, 2005.
>
Sorta puts a dent in the depreciation story doesn't it Eric?
--
-Mike-
mmarlowREMOVE@alltel.net