"You're right, though." >>> I know. I have proof
Really? I dont know anyone who paid close to $39,900...u must be an extremely talented negotiator. I stilll have my original window sticker and let's say that in order to win that "Price is Right" segment, you woulda had to know the first digit was a "5". From June 2005.
The difference is options of course, and i've never seen an 05 w/o any options, although I'm sure they exist somewhere.
I won't disagree with you on most of your post. Options probably should be factored in - no different than any other used car in that respect, IMO. Mark-up is on the seller - the cost of being the first on your block. But the market will pay what the market will pay on either account.$22,000 of $50,000 is 44%...over 3 years. The $39,900 mark was just a starting point.
I don't think all options should be factored into depreciation either because many are personal preference and therefore only of value to the original buyer, not the resale market. Paint colors are common examples of this....
Did you pay mark-up? I don't think mark-up should be factored into depreciation for these cars either.
You must have met Scott Eckels.. I like Scott... Defection? I still own 4 Porsches and only 2 Lotus? I wouldn't call that a defection, more like a distraction... Besides, I don't own a Porsche that can keep up with either Lotus...Hey Ken - I ran into a PCA/Chesapeake member yesterday at Rita's Shaved Ice in Sykesville. Scott? Nice guy. Rumor is already getting around PCA though on your recent Lotus defection. Just "FYI".... -poke-
Take it, and the California to the Home Depot in Eldersburg Saturday night!!!You must have met Scott Eckels.. I like Scott... Defection? I still own 4 Porsches and only 2 Lotus? I wouldn't call that a defection, more like a distraction... Besides, I don't own a Porsche that can keep up with either Lotus...
Well, I'm the proud owner of a Exige S-240 Persian Blue... I brought it home and put it in my stable this evening... Friggin' Cub Scout garage now - Saffron Yellow Elise and Persian Blue Exige... I was good on the way home although very tempted to open it up... I was amazed at the number of people with camera phones taking pictures of the car on the ride back
Heh, get used to it! Someone shouted at me from the parking lot of a Peet's Coffee (I was at a light), "Hey is that a Lotus or a Tesla?" I replied back, "Lotus" with a big grin. He shouts "Cool, Tesla uses the same platform right?". I replied with a "Yep!" and the sound of my exhaust the Tesla can't replicate. rotflbull30 said:I was amazed at the number of people with camera phones taking pictures of the car on the ride back
+1Resale value? I'm not sure why we're even having the discussion... It's like rolling the dice... When I bought my Shelby GT-350 for $5900 in 1974 do you think I had any idea then what it would be worth... But then, there time came when driving the car, devalued the car, so now the fun is gone; at least for me... I held onto that car for 32 years then sold it, never driving it and keeping it in concours condition... I'm almost 60 now, I love to drive and want to enjoy my cars and who knows for how much longer I'll be able to do that... I don't give a rats ass about resale value... All that matters to me is whether or not the car gives me a thrill when I drive it... opcorn:
Hmm, I may be wrong, not an expert. I do see people listing pics on their '05 window stickers and the list looks more like $48k-54k with the 'usual' options. These cars go for around $33k now. That's about a 40% loss. Maybe I am missing something. :shrug:40%? Not even close
The MSRP for an '05 was $39,900...and the lowest '05s go for is about, $28k? $27k? That's about 30% in 3 years.
+1I don't quite understand this reasoning; LSD would be an asset, especially on a track or during autocross, unless you like squirly one-tire burnouts on turn exit....:shrug: If anything it'd be more appropriate on a track car vs. a street car, where you're pushing the handling limits of the car regularly.....