Marauder on KBB.com

[KSMM03]

Folks,

I thought I'd let you all know that our car (for those whom own one) is now on Kelly Blue Book's website.

I put the info in for my car, 16K miles, and the zip, excellent condition, and holy bat droppings, trade in value is $19K.

If they discontinue, would that drive up prices??


Chris

[Logan]

Dealers never use Excellent trade-value, they always use fair value, which will drop it to about $17.5k...

Last December, trade-ins values had already dropped to $21.5k, so I can't say I'm all that surprised.

Marauder has a first year depreciation of about $14.5k according to everything I've seen.

[jefferson-mo]

:alone:

:depress:

:shake:

[martyo]

Drive it and you will "appreciate" it; sell it and you will depreciate it.

[jefferson-mo]

:up:


well put M

[SILVERMARAUDER]

It is like every highline vehicle they will drop! So drive it and enjoy it and don't worry about it!

[Mark McQuaide]

On a trip to the UK last sumer, while talking about cars someone told me that the vehicle with the absolute worst depreciation is....the BMW M5.

[TAF]

If your buyin cars for investments (outside of Barrett/Jackson and even THERE people take bathes)...

I've got some other stuff I'd like to sell you...

[Ross]

Yep, personally I've never looked at a car as an investment, but as an expense. Granted, some are more of an expense than others, but you never get out of them (in money) what you put into them. I hope to keep this car for a loooonnnggg time, so trade in isn't really an issue for me. I realize it might be for some others, though. Now if I can just get 500,000 miles before an engine rebuild....:rock:

[TAF]

^^^EXACTLY Ross...and as far as "Pleasure vs. Expense"...you can't beat what we have.

[Bigdogjim]

Originally posted by TAF
^^^EXACTLY Ross...and as far as "Pleasure vs. Expense"...you can't beat what we have.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^

Yes sir! What he said the whole truth and nothin but the truth....

[jgc61sr2002]

Originally posted by martyo
Drive it and you will "appreciate" it; sell it and you will depreciate it. Marty - You got that right.:up:

[Marauderman]

Okay --folks--I have in my hands a signed document, date June 30, 2003 ( 17 days ago) from the dealer ( Gen Sales Mgr) who sold me my MM an appraisal of what they would give me

**Without previous damage $22,550

** With previous damage $ 15,700

concerning my wreck on March 4th '03---

So this shows that an MM w/o damage with about 5K miles or so now is worth about $22,550--

I hope this adds or lifts up life into those previous numbers..cause I personnaly think it deserves more as you do too..

Oh --did I mentioned --the final damage $ cost was a bit over $19K for my mm----ya see, it looks new ,,runs beter than new,,so....I'm not sure what to make out of it other than numbers less than 22.5K for a trade is questionable--maybe it's the zip-code that determines this..?

[crom]

Personally I plan on keeping mine for a looooong time. I also think that given time like the Impala SS the MM will hold a good bit of it's value, just my opinion

[Logan]

locale has a bit to do with it, some dealers will give more in order to get your business, some simply wholesale the cars out and could care less what the get for them. It depends on alot of factors.

That's why if you're insistent on trading it in versus a private sale, it's best to shop around for the best trade value.

[Bigdogjim]

There was an story on the net the other day about 0% and used value vs. new. A lot of people are whats called unside down in their cars. Say you bought a MM year ago paid $33500. out the door. Now the MM has a value of say $19,000. Say your payments are about $600 per month after one year you owe around $25,000. Give or take depending what you put down an the insterst rate. Your upside down by about $6,500.
Numbers will change depending on what you paid, insterst rate, down payment, trade, etc.

Bottom low instrest rate hurt used car value. Make new cars attactive.