Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Car Resale Values, Fact or Myth?

views
     
woengx2
post Mar 8 2013, 10:09 AM

Casual
***
Junior Member
311 posts

Joined: Apr 2009
Peugeot 407 Premium 2.0L
Purchase price (2008) = $136,888
Resell car 2013 (after 5 years) for $70k (49% loss)
Total loss (after 5 years) = $136,888 (what you paid for) - $70,000 (what you get) = $66,888


Toyota Camry 2.0L
Purchase price (2008) = $154,990
Resell car 2013 (after 5 years) for $100k (35% loss)
Total loss (after 5 years) = $154,800 (what you paid for) - $100,000 (what you get) = $54,800

If you bought both the car by "cash", it obviously show which car has good resale value. tongue.gif

Off course you may argue that no one buying car by cash but to the matter of fact it does happened. biggrin.gif


 

Change to:
| Lo-Fi Version
0.0213sec    1.05    7 queries    GZIP Disabled
Time is now: 4th December 2025 - 10:31 PM