Saturday, April 4, 2020

if you buy two cars at the same price......?

Frank Crummell: according to danger, however the only way you will understand is to evaluate at some distinctive sellers. A broking can rather inform you he's providing you with a extra effectual deal for procuring 2 autos, yet sellers purely inform you what you pick to take heed to. A broking's value for advertising 2 autos to the comparable shopper is appropriate to the comparable as advertising to 2 distinctive consumers. BTW, credit for the commerce-in vehicle will purely be utilized to the value of one of the two new autos, no longer chop up between the two....Show more

Rebeca Mckin: both cars are brand new

Curt Broadhead: The more the car costs, the more money you will lose in the end.

Omar Phipps: All cars depreciate heavily when the second they are driven on the lot. The amount depends on a number of factors, including supply, demand, petrol prices, etc. I have heard right now smaller cars are depreciating faster than larger since fuel prices are! down, though it's not the exact question you asked, the same is probably true with cheap cars versus expensive cars....Show more

Toby Caswell: The type of car doesn't have a lot to do with depreciation. You need to know the exact car, mileage, and condition, then compare that to historical pricing data to know more about depreciation. Some cars hold their value better than others, has little to do with how luxurious a car is.

Stanton Villao: That's no way of telling how much one vehicle will depreciate over the other. Some Luxury and non-luxury cars have good residual value, some luxury and non-luxury cars drop in value like a rock. If you could come up with and name two cars to compare, you could get a real answer to a real question.

Leann Villalta: It is according what make, but in general the regular car would depreciate faster.

Chanda Wittwer: Thats a broad question that has a lot of variables.For example, Mercedes generally depreciates slower! than say, Kia. Its not about the class of the car, but the c! ar itself. Maybe one car was overpriced when you bought it, and the other was underpriced. People overpay for cars every day (search the forum). But people also find great deals every day. That affects our perception of the depreciation too.Its all about demand. If you buy a car and four years from now there is still a high demand, the price will hold up. If there is no demand, then it drops like a stone. Just ask anyone who has a Cadillac Catera, or any Caddy with a Northstar V8 in it. Sometimes there are massive problems that show up after a couple years of driving that cripple a car's resale....Show more

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