Date: Sat, 03 May 2003 10:41:16 -0700 From: B&D <NO_SPAMnopsamCOM> Subject: Re: Saab Depreciation: Greater than most?
On 5/3/03 3:44 AM, in article b906it$3pc$00$1nopsam.t-online.com, "Simon Putz" <simon.putznopsamline.de> wrote: > Hi, > >>> Cars like Porches and Ferraris have surprisingly low depreciation. These > cars >>> might have been driven hard and are presumably expensive to maintain. I > think >>> the reason is that the new price is beyond reach of many, so that any > small >>> reduction is welcome. >> >> Yes, that is definitely the case. Although Porsche here in CA can be had > at >> around 5y old for surprisingly lower than one would expect. > > but i would guess that is caused by the sad fact that some people just cant > afford it anymore, > like all those 100K$/Y IT-Managers and Techies that have been laid off so > much in the last 3 years. That may be true. But $100k per year, not laid off, you still won't be able to afford a Porsche or Ferrari as you will be stuck paying about $2-3,000 per month for rent. They tend to drive BMW. And you can get pretty good deal on those as well!
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