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What you describe is the norm for any car, nothing wrong here, even the ones with supposedly above average resale. Saab resale is very average as reported by consumer magazines and such.
The competitive cars with supposedly better resale (BMW and Mercedes) are normally quite a bit more expensive and though the percentage of original sticker price might look better (the Kelley Blue Book criteria) the actual depreciation in real dollars is more.
Owing more than a car is worth, especially in the short term unless you put a massive down payment, is always the case.
If you don't like owing more than a car is worth consider a lease.
Posts in this Thread:
- Value, raymond, Tue, 29 Jan 2008 02:24:13
- Darn average..., Mike Lynch
, Tue, 29 Jan 2008 19:26:52 <-- Viewing This Message - Re: Value, Xelor42, Tue, 29 Jan 2008 18:29:01
- Common for new cars to lose value when driven off lot.., Scott Paterson
, Tue, 29 Jan 2008 12:05:04 - Re: Value, beardie
, Tue, 29 Jan 2008 09:20:42
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