depreciation of the new truck
#23
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I would have never bought a used 6.2 truck.
PLus when u get 11k+ off sticker that helps absorb the depreciation.
Vehicles are not much of an appreciating asset.
I've had some luck with used cars but you have to pay to have the hottest newest ride on the block. Plus having a family it really helps for them to be dependable, although not all new cars are....
PLus when u get 11k+ off sticker that helps absorb the depreciation.
Vehicles are not much of an appreciating asset.
I've had some luck with used cars but you have to pay to have the hottest newest ride on the block. Plus having a family it really helps for them to be dependable, although not all new cars are....
#24
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I bought new because good luck trying to find a 2wd reg cab shortbox with the 5.3 in this area. You know it will depreciate but if that is ok then go ahead and buy what you want. Sometimes new is better, usually just costs more.
It doesn't help that GM is giving away trucks with 10-12K on the hood right now (as is everyone else as well), that will really kill your trade in value.
I'll probably keep this one for a long time, its been rock solid.
It doesn't help that GM is giving away trucks with 10-12K on the hood right now (as is everyone else as well), that will really kill your trade in value.
I'll probably keep this one for a long time, its been rock solid.
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With the certified used cars that are out there now, that's what I prefer, unless what I want isn't available. I would buy a new truck, just because I get a supplier discount where I work, and the price difference between new and low mile(less than 35xxx) is only about 2 grand. The main thing is if you are thinking new, be ready to drive it for a long time to get your value out of it. The people who trade every 3-4 years should get used, or just lease.
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With the certified used cars that are out there now, that's what I prefer, unless what I want isn't available. I would buy a new truck, just because I get a supplier discount where I work, and the price difference between new and low mile(less than 35xxx) is only about 2 grand. The main thing is if you are thinking new, be ready to drive it for a long time to get your value out of it. The people who trade every 3-4 years should get used, or just lease.
#28
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when i was considering trading in my truck, it only had 5k miles on it, and they offered me $11,300 less than sticker. i got it for $6k off sticker, but i still would have lost my a$$ on that trade.
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anytime the manufacturer offers huge rebates and discounts, all its does is drive down the value of your trade in.
want to see some really horrible depreciation values...check out the mercedes s class hahahahaha
want to see some really horrible depreciation values...check out the mercedes s class hahahahaha
#30
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bmw is nearly as bad.
once you get past 7-8 years old with any of them, they get dirt cheap to buy, but the maintenace is still just as expensive. i have had 6 bmw's ,and they didn't break often, but it was always at least $500 to fix anything on the car i couldn't get from the junkyard.