Trading my 2004 in on an elise
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Joined: Aug 2003
Posts: 273
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From: Southern California
Originally Posted by Elistan,Mar 8 2006, 07:17 AM
2005 S2000, Good condition, 7.5k miles, private party sale - $24,720.
2004 S2000, Good condition, 15k miles, private party sale - $23,445.
2003 S2000, Good condition, 22.5k miles, private party sale - $21,525.
2002 S2000, Good condition, 30k miles, private party sale - $19,000
2001 S2000, Good condition, 37.5k miles, private party sale - $17,170
2000 S2000, Good condition, 45k miles, private party sale - $15,090
So from a starting MY05 MSRP of $33,150, the anual depreciation amounts are:
$8,430
$1,275
$1,920
$2,525
$1,830
$2,080
A six year old S2000 retaining about half its value is actually a very good rate, from what I understand.
Retail of a MY04 S2000 with 15k miles is $27,635! So you can see how much profit the dealer would make off this. That's only $5,515 off '05 MSRP.
2004 S2000, Good condition, 15k miles, private party sale - $23,445.
2003 S2000, Good condition, 22.5k miles, private party sale - $21,525.
2002 S2000, Good condition, 30k miles, private party sale - $19,000
2001 S2000, Good condition, 37.5k miles, private party sale - $17,170
2000 S2000, Good condition, 45k miles, private party sale - $15,090
So from a starting MY05 MSRP of $33,150, the anual depreciation amounts are:
$8,430
$1,275
$1,920
$2,525
$1,830
$2,080
A six year old S2000 retaining about half its value is actually a very good rate, from what I understand.
Retail of a MY04 S2000 with 15k miles is $27,635! So you can see how much profit the dealer would make off this. That's only $5,515 off '05 MSRP.
Markk
Registered User
Joined: Jan 2002
Posts: 2,320
Likes: 1
From: THEST1G
Originally Posted by CT9A,Mar 8 2006, 08:48 PM
remember when you trade in there are some tax breaks
was the 22g's what the dealer told you it was worth or was that the price you got when you looked it up?
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