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RWebb 04-04-2013 12:35 PM

Resale Value
 
I buy used (sometimes just slightly used) and hold the car a long time, but I still thought it might be interesting (maybe even to speeder :D) to have a thread on resale value.

Here are some cars with the lowest resale value:

Kia Sedona LX (mini-van)

Chevrolet Impala LT

Jeep Liberty Limited Sport 2WD

Suzuki Grand Vitara Premium RWD

Jaguar XJ AWD ("Despite improvements and industry recognition for their new products, Jaguar still suffers from a historical perception of negative quality that impacts (the car's) resale value in the used market..." - they suggest the Porsche thing that looks like the Acura hatchback as a lower depreciation hit)


- data from Intellichoice

Zeke 04-04-2013 12:39 PM

All Jags are cheap. You can get a fine luxury car for a lot less than other models.

A lot less. I paid 3500 for mine and when something major breaks I'll just throw it away and get another.

That could be the case for many of the low resale value cars.

gtc 04-04-2013 01:01 PM

Any luxury car with a V12.
I have wondered why the mid-90s straight six XJs are so cheap. They seem to be fairly reliable, and they are still very nice cars. Maybe just having a 12 cylinder car in the same body style has hurt their resale value?

Nostril Cheese 04-04-2013 01:39 PM

Saabs have really low resale value. Good for me though. I've had several 900SE Turbos that were fantastic all-around cars.

BeyGon 04-04-2013 04:15 PM

Quote:

Originally Posted by gtc (Post 7368916)
Any luxury car with a V12.
I have wondered why the mid-90s straight six XJs are so cheap. They seem to be fairly reliable, and they are still very nice cars. Maybe just having a 12 cylinder car in the same body style has hurt their resale value?

get a clean one and put a Chevy in it, they make great reliable cars.
Resale on a 924/944, how do those do?

id10t 04-04-2013 04:42 PM

Quote:

Originally Posted by gtc (Post 7368916)
Any luxury car with a V12.
I have wondered why the mid-90s straight six XJs are so cheap. They seem to be fairly reliable, and they are still very nice cars. Maybe just having a 12 cylinder car in the same body style has hurt their resale value?

Whats the resale difference between a '66 911 and a '66 912 ?

onewhippedpuppy 04-04-2013 06:31 PM

Quote:

Originally Posted by gtc (Post 7368916)
Any luxury car with a V12.
I have wondered why the mid-90s straight six XJs are so cheap. They seem to be fairly reliable, and they are still very nice cars. Maybe just having a 12 cylinder car in the same body style has hurt their resale value?

Amend that to "any luxury car". If you aren't scared of the maintenance, you can get an insane amount of car for pennies on the dollar after a few years of depreciation. My S8 was an MSRP of over $76k, I bought it for a bit less than that once it was 10 years old.;) The cool thing is, thanks to the engineering that goes into a flagship car it is still nicer inside and better made than any affordable new car.

On the flip side, Jeep Wranglers have the most incredible resale value of anything I have looked at. It is a real challenge to find a decent Wrangler for under $10k, and the 4-door Unlimited models (2007+) are still $20k+. A brand new Rubicon Unlimited was under $30k in 2007, and they're still selling for 2/3 that. Crazy......

Aragorn 04-05-2013 11:01 AM

I imagine that all models of Saturn and Saab will have a severely discounted resale value in the near future because of scarcity of parts.

GG Allin 04-05-2013 11:30 AM

Land Rover Defender & Acura NSX are two of the best. It's seems anything Mercedes have been terrible in the past 10 years.


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