On Sep 2, 2011 5:49 AM, "Andy Levy" <andy.levy@gmail.com> wrote:
>
> On Thu, Sep 1, 2011 at 23:03, <SilverEightynine@aol.com> wrote:
> >
> > Hey now... this Civic I have is the best set of wheels I have ever owned
in
> > terms of value, depreciation (very little), reliability, economy, and
fun to
> > drive.
>
> Nothing's depreciating much right now. Year-old Outbacks are selling
> for the same price as new. 3 year old WRXs @ 50K are selling for over
> $22K. My brother just got $7200 for trade-in on his 5+ year old Grand
> Prix.
I wouldn't say nothing is depreciating. Over the past few years the dollar
has dropped a lot. I've wondered if automotive depreciation is on pace at
the usual rate, it just takes more money to get the same value now. Seems
like everything costs more lately.
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