GChambers

Brutal? I think you are incorrect. Your figures above indicate that the 7 is retaining about 82% of its initial value. If it is correct that most cars lose "20%" of their value once they are driven off the showroom floor, then the 7 is not doing too badly at all.

Is this any worse than the S2000? If the original purchase price is $33,000.00 then 82% of that is $27,060.00 I am sure that most car dealers will not be willing to give an owner any more than that on a trade if they are trying to trade their S2000 in for a new car after 1 year of ownership. Actually, I doubt that you could get anywhere close to that. I see 1 year old S2000's out there being sold for $26,000 to $28,000. This means that the wholesale value is much lower. And according to Kelly Blue Book, the trade in value on a 2003 S2000 with 12,000 miles is $23,400.00 ! This means that the S2000 has depreciated about 30%!

autechre

I'll bet you this is just a really bad phase. In ten years, people will remember right now as the horrible Bangle era. Many auto manufacturers have gone through this sort of crap, I think.

wickerbill

GChambers, check the date of the post you quoted. It was 15 months ago so the depreciation was pretty bad at that time for how long the cars had been out.

phoenix9999

This is my next used car purchase.

GChambers

[QUOTE]Originally posted by wickerbill
GChambers, check the date of the post you quoted.

Dr. WOT

That's near Porsche levels of depreciation. Certified used all the way.