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here's my example
Posted by Ken F (more from Ken F) on Sun, 19 Oct 2003 12:36:14
In Reply to: Compared to what?...., Mike Lynch
[Profile/Gallery]
, Sun, 19 Oct 2003 11:15:54
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Back in December of 00 we were looking at midsized SUVs and the 9-5 wagon. Narrowed it down to the Acura MDX and the 9-5 wagon. Ended up buying the wagon for somewhere around $33.5k. Could have gotten an MDX for about $35k. Big mistake.
Today that wagon is worth $16k as a trade, and 18k to a private party
The MDX would be worth $26k as a trade, and $28k to a private party.
I threw in a Volvo wagon when I was looking up these numbers and it was about $20k for the trade. The MDX is just a fabulous vehicle that people are still paying premium prices for.
No new car is an investment, but there are some out there that do a lot better job at holding their value, I agree with JM that the best thing to do is wait a couple of years and get a CPO.
posted by 24.129.115...
Posts in this Thread:
- Buy vs Lease, Chris in Iraq, Sat, 18 Oct 2003 08:44:19
- Re: Buy used, don't lease or buy new, Kirk, Tue, 21 Oct 2003 14:00:19
- Re: Buy vs Lease: More Importantly......., andy
, Mon, 20 Oct 2003 18:04:27 - Best *overall* deal...., Mike Lynch
, Sat, 18 Oct 2003 15:24:46
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