Quote:
Originally Posted by simonlok
I read this quite differently:
MSRP = 13800 + 1480 + 450 = 15730
13300 / 15730 = 0.84
16% depreciation is far less than average. In my experience, I find that it's usually close to more like 20% for the 1st owner. I guess the purchaser was making an emotional buy based on the aforementioned "fabulous and hardly used" state of the machine.
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You need to also include dealer prep and taxes simon. That's another 1.5k.