View Single Post
Old 11-01-2017, 06:15 PM   #12
Chazzz
 
Chazzz's Avatar
 
Drives: 2018 1LT RS V6 A8 Convertible
Join Date: Sep 2017
Location: USA
Posts: 497
Quote:
Originally Posted by Chutzpah View Post
Deal hard but know that the more expensive cars seriously depreciate. My cars MSRP = $47K. Bought for $36K and worth $33K as soon as I drove out of the lot, November 2016. If I were to trade it in now, it would be worth $26K - $29K with 5K miles. That value put's a mental damper on me wanting to buy a ZL1, even if it has 20% sticker.
I agree 100% and even more the reason to deal hard. My 17 Vert has already lost nearly 40% of its original MSRP as a trade. Fortunately the deal I made should cover most of the huge first year depreciation that these cars all take.
Chazzz is offline   Reply With Quote