2004 Model Announcement
Joined: Jan 2001
Posts: 11,615
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From: North Richland Hills, TX
Originally posted by brantshali
I'm struggling to follow your logic.
I'm struggling to follow your logic.
50% hit on a $60K car = $30,000 loss
75% hit on a $30K car = $22,500 loss
While the more expensive car had a better % value retention, you'd still lose less w/ the cheaper car.
Registered User
Joined: Jun 2002
Posts: 8,561
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From: Foster City, CA
Originally posted by Chris S
OK, if I have to spell it out:
50% hit on a $60K car = $30,000 loss
75% hit on a $30K car = $22,500 loss
While the more expensive car had a better % value retention, you'd still lose less w/ the cheaper car.
OK, if I have to spell it out:
50% hit on a $60K car = $30,000 loss
75% hit on a $30K car = $22,500 loss
While the more expensive car had a better % value retention, you'd still lose less w/ the cheaper car.
70k miles on a 11 yr old car is not much.
Registered User
Joined: Jul 2002
Posts: 197
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From: na
Originally posted by Thoe99
The owners are in denial, if this rumor is true.
The owners are in denial, if this rumor is true.
if you guy want resale value, invest in Real Estates, like someone said earlier
there's one thing I'm really looking forward to in the new S2K, more than 200+ torque baby
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Joined: Dec 2000
Posts: 94
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I don't believe a word of this story! 
Honda will replace S2000 by another model rather thant restyling the existing S2K. Don't you remember why S2K was designed for?
They will not make an industrial production with such a car, for my part I'm waiting the real new NSX for 2004, this is the lone reliable info coming from Honda!
Honda will replace S2000 by another model rather thant restyling the existing S2K. Don't you remember why S2K was designed for?
They will not make an industrial production with such a car, for my part I'm waiting the real new NSX for 2004, this is the lone reliable info coming from Honda!
Registered User
Joined: Jan 2001
Posts: 116
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From: Reading, PA
By your truly "out there" logic, I think the car with the best 10 year depreciation would have to be a Hyundai Excel, purchased new in 1992. Today, it would have depreciated only $6000, or its entire MSRP.
% depreciation is for the birds, and math gives me a headache, anyway.
Real World marathon is back on - gotta go.
% depreciation is for the birds, and math gives me a headache, anyway.
Real World marathon is back on - gotta go.
Registered User
Joined: Jun 2002
Posts: 355
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From: Jacksonville
Originally posted by michaelr
Real World marathon is back on - gotta go.
Real World marathon is back on - gotta go.
Former Moderator
Joined: Apr 2002
Posts: 52,827
Likes: 17
From: State of Confusion
Originally posted by Chris S
OK, if I have to spell it out:
50% hit on a $60K car = $30,000 loss
75% hit on a $30K car = $22,500 loss
While the more expensive car had a better % value retention, you'd still lose less w/ the cheaper car.
OK, if I have to spell it out:
50% hit on a $60K car = $30,000 loss
75% hit on a $30K car = $22,500 loss
While the more expensive car had a better % value retention, you'd still lose less w/ the cheaper car.
I get the numbers, just not sure that I would like an investment (or purchase or whatever people want to call it) that retains less of it's value over a given time. True, you lose less total money, but you retain a greater percentage should you decide to sell or trade in on a future purchase.
I can see both sides, though...barely...