Quote:
Originally Posted by CamaroBody
You saved $2.5k by buying used. The remaining 2016s had a 20% discount
$45k - 20% = $36K (you paid $33.5k)
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Quote:
Originally Posted by Neil350
Valid point, American cars offer hefty rebates. I bought a new F-150 in 2012, truck had a sticker price of $43K or there about, paid around $31K for it with all the rebates Ford offered at the time. So yeah, rebates can offset the depreciation a lot on a new car. You don't tend to see it offered as much with Foreign car makers.
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Rebates and discounts don't offset depreciation. They contribute to it. Regardless of how the guy paided 33k for his Camaro, he got over 11grand off a new one. That really shows that these cars are tanking. If they needed to offer 20% off, that alone shows them tanking. Anyone would be crazy to buy one of these new unless they dont mind losing a shitload of money.
There are a lot of these cars around right now new with pretty deep discounts. That seems to be the only way these cars are moving off the lot.