WHY must our 21,000$ sticker price RA's, depreciate 10,000$ in one year???????
is it becuase its mitsubishi and not a honda............
i hate money

that is all.

 

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No, it's mostly because people can buy it for 16K$ when they shop around a bit... an because it's a known fact that a new car will loose 20% (okay, maybe only 15%) of it's value once it leaves the lot. If you don't like that part of the deal, buy used.

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ok i can understand 15% or even 20%, but 50% in one year? thats ridiculous.

 

holy *****. that sucks. next time do some research on resale before you buy new. ouch, lesson learned i guess.

 

I bought an 05 Honda. It is now worth 14K instead of 20K and it has just 5K miles - so your not alone.

 

Used is the only way to go with most cars on the road today. U can save HUGE money! Bought my Evo for $26k on this forum just 5 months and 5300 miles after someone payed $32k TTL.

 

Where did you get a quote for your car? Did you check the black book value on it? I don't think this is a realistic number...

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It's mostly a difference of whether you want that new car w/ 0% (if you're lucky) or a used car at cheaper price, but with whatever interest rate you can get... The choice can be difficult!

 

Buy any brand new car and sell within 2 years and your going to lose on it. Keep the car and take care of it and sell it after 5-6 years, you won't do as bad. my 2 cents

 

You think that's bad? I had a '01 montero... bought it 40k, invested 10k and sold it for 15k last year

 

i tried trading in my evo with SSL...it costed me around 33k with taxes... and the dealer quoted me $21000 at first for the trade in and my evo only had 6000 miles at that time!!! ....then after some talk...they raised it to $25000....good convincing can do magic...but then when i went to do the paper work... the car i was trading in for... 06 eclipse...costed 4 grands more..???... it costed more than an evo SSL brand new...i guess they just shifted the price over and tried to screw me over..i walked out

 

Wow, I only paid 13.5k for mine, brand new 2004 of course. How/why did you guys pay 21k?

 

im glad i only paid 14k for mine brand new

 

Paid $14.9k new for mine... you guys need to learn how to buy a car. I talked to a guy who bought an 04 at 26k at the SAME dealership as I bought mine. You gotta learn how to wait to make big purchases and play the whole thing out using your brain. As for depreciation value, I don't know what to say... if I were planning on selling my RA right after buying I surely would be less likely to get a Mitsu from the get-go.

 

That is not true man. You are not depreciating $10000 in a car. That only happens sometimes with cars that a not longer being made and companies that file bankrupcy like Daewoo and that kind.


Show me where you are loosing $10000 in your car.