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Depreciation

  • Thread starter Thread starter jsk1020
  • Start date Start date May 15, 2009
J

jsk1020

New Member
May 9, 2009
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May 15, 2009
#1
  • May 15, 2009
  • #1
01 Cobras are kbb at round 10-11 gs with decent mileage. How is this expected to change by the year 2010. If i wait to august 2010 to start looking, will the price have dropped anything at all?
 

COBRA90GT

Mustang Master
Sep 22, 2001
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HOCKEYTOWN ® , MI
May 15, 2009
#2
  • May 15, 2009
  • #2
Ehhh, tough to say...they might drop a little bit, but probably not "much" (which is all relative, of course).

If you're hoping for that model year to lose, say, $7K in value by then, don't count on it. Could similar cars lose $1K, $2K, or $3K in "value" by 2010? Maybe. It all depends.

Remember, the biggest depreciation "hit" always occurs the moment you purchase a new car and drive it off the lot. The first two or three years after that the car will take pretty significant depreciation hits as well but after that it begins to level out.
 
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