Heres a current list of cars that depreciate quickly
#91
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
#92
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Mike Marlow wrote:
> "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?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
> "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?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
#93
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Mike Marlow wrote:
> "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?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
> "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?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
#94
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Mike Marlow wrote:
> "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?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
> "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 $16,100 on a trade-in in "good" condition. That is exactly
>
> what
>
>>I paid for my car brand new in September, 2005.
>>
>
>
> Sorta puts a dent in the depreciation story doesn't it Eric?
>
Except that you can't confuse those values with what you could actually
sell the car for. Unless you find a real idiot, which is always
possible, nobody is going to pay that much for a used car when they can
buy a new one for a few hundred more given the current new car incentives.
I'm just glad that depreciation isn't a factor for me. :-)
Matt
#95
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Matt Whiting <whiting@epix.net> wrote in
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
#96
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Matt Whiting <whiting@epix.net> wrote in
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
#97
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Matt Whiting <whiting@epix.net> wrote in
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
newsdMbg.8924$lb.809680@news1.epix.net:
> Mike Marlow wrote:
>
>> "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?
>>
>
> Except that you can't confuse those values with what you could
> actually sell the car for. Unless you find a real idiot, which is
> always possible, nobody is going to pay that much for a used car when
> they can buy a new one for a few hundred more given the current new
> car incentives.
>
> I'm just glad that depreciation isn't a factor for me. :-)
Matt, if you go to the sites and try it, the price I gave was for a
TRADE-IN. That would be what a dealer would supposedly give me for my
car to trade it in. The full retail price was shown as $21,000 and
change. Which I believe is only a few hundred below what the window
sticker was.
Although I think these might be a bit on the high side, these are sites
I have used in the past to negotiate with the dealer, and I have always
come pretty close.
Yup, so much for depreciation.
Eric
#98
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Matt Whiting" <whiting@epix.net> wrote in message
newsdMbg.8924$lb.809680@news1.epix.net...
> Mike Marlow wrote:
>
> > "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 $16,100 on a trade-in in "good" condition. That is exactly
> >
> > what
> >
> >>I paid for my car brand new in September, 2005.
> >>
> >
> >
> > Sorta puts a dent in the depreciation story doesn't it Eric?
> >
>
> Except that you can't confuse those values with what you could actually
> sell the car for. Unless you find a real idiot, which is always
> possible, nobody is going to pay that much for a used car when they can
> buy a new one for a few hundred more given the current new car incentives.
Well, that doesn't really play Matt. It's a used car so it's only
reasonable that it won't sell for what you necessarily paid for it. That
does not change the fact that the average national trade in value is
approximately what Eric paid for his. That's about as good as one can
really hope for.
--
-Mike-
mmarlowREMOVE@alltel.net
#99
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Matt Whiting" <whiting@epix.net> wrote in message
newsdMbg.8924$lb.809680@news1.epix.net...
> Mike Marlow wrote:
>
> > "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 $16,100 on a trade-in in "good" condition. That is exactly
> >
> > what
> >
> >>I paid for my car brand new in September, 2005.
> >>
> >
> >
> > Sorta puts a dent in the depreciation story doesn't it Eric?
> >
>
> Except that you can't confuse those values with what you could actually
> sell the car for. Unless you find a real idiot, which is always
> possible, nobody is going to pay that much for a used car when they can
> buy a new one for a few hundred more given the current new car incentives.
Well, that doesn't really play Matt. It's a used car so it's only
reasonable that it won't sell for what you necessarily paid for it. That
does not change the fact that the average national trade in value is
approximately what Eric paid for his. That's about as good as one can
really hope for.
--
-Mike-
mmarlowREMOVE@alltel.net
#100
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Matt Whiting" <whiting@epix.net> wrote in message
newsdMbg.8924$lb.809680@news1.epix.net...
> Mike Marlow wrote:
>
> > "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 $16,100 on a trade-in in "good" condition. That is exactly
> >
> > what
> >
> >>I paid for my car brand new in September, 2005.
> >>
> >
> >
> > Sorta puts a dent in the depreciation story doesn't it Eric?
> >
>
> Except that you can't confuse those values with what you could actually
> sell the car for. Unless you find a real idiot, which is always
> possible, nobody is going to pay that much for a used car when they can
> buy a new one for a few hundred more given the current new car incentives.
Well, that doesn't really play Matt. It's a used car so it's only
reasonable that it won't sell for what you necessarily paid for it. That
does not change the fact that the average national trade in value is
approximately what Eric paid for his. That's about as good as one can
really hope for.
--
-Mike-
mmarlowREMOVE@alltel.net
#101
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
#102
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
#103
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
Eric G. wrote:
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
> Matt Whiting <whiting@epix.net> wrote in
> newsdMbg.8924$lb.809680@news1.epix.net:
>
>
>>Mike Marlow wrote:
>>
>>
>>>"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?
>>>
>>
>>Except that you can't confuse those values with what you could
>>actually sell the car for. Unless you find a real idiot, which is
>>always possible, nobody is going to pay that much for a used car when
>>they can buy a new one for a few hundred more given the current new
>>car incentives.
>>
>>I'm just glad that depreciation isn't a factor for me. :-)
>
>
> Matt, if you go to the sites and try it, the price I gave was for a
> TRADE-IN. That would be what a dealer would supposedly give me for my
> car to trade it in. The full retail price was shown as $21,000 and
> change. Which I believe is only a few hundred below what the window
> sticker was.
If you can get a dealer to give you that price for your trade-in and
still give you a price well below sticker, then you are doing a good job
of negotiating. I've found I can get a great deal on a new car, or I
can trade in my old car, but it is hard to do both. The good thing is
that I've never had any problem selling my old cars privately. Usually
relatives but them as I maintain them well and they are usually in very
good shape for their age and mileage.
Matt
#104
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Matt Whiting" <whiting@epix.net> wrote in message
news:iCPbg.8926$lb.809803@news1.epix.net...
>
> If you can get a dealer to give you that price for your trade-in and
> still give you a price well below sticker, then you are doing a good job
> of negotiating. I've found I can get a great deal on a new car, or I
> can trade in my old car, but it is hard to do both. The good thing is
> that I've never had any problem selling my old cars privately. Usually
> relatives but them as I maintain them well and they are usually in very
> good shape for their age and mileage.
>
Absolutely valid point Matt. Like you, I seldom trade. My cars have a lot
of life left in them at over 200,000 miles and they still look good, so they
go to someone who can use them. They wouldn't bring squat for trade anyway.
But you're right - you're typically only going to get one thing from a
dealer - a decent trade in value or a decent negotiated price.
--
-Mike-
mmarlowREMOVE@alltel.net
#105
Guest
Posts: n/a
Re: Heres a current list of cars that depreciate quickly
"Matt Whiting" <whiting@epix.net> wrote in message
news:iCPbg.8926$lb.809803@news1.epix.net...
>
> If you can get a dealer to give you that price for your trade-in and
> still give you a price well below sticker, then you are doing a good job
> of negotiating. I've found I can get a great deal on a new car, or I
> can trade in my old car, but it is hard to do both. The good thing is
> that I've never had any problem selling my old cars privately. Usually
> relatives but them as I maintain them well and they are usually in very
> good shape for their age and mileage.
>
Absolutely valid point Matt. Like you, I seldom trade. My cars have a lot
of life left in them at over 200,000 miles and they still look good, so they
go to someone who can use them. They wouldn't bring squat for trade anyway.
But you're right - you're typically only going to get one thing from a
dealer - a decent trade in value or a decent negotiated price.
--
-Mike-
mmarlowREMOVE@alltel.net