auto depreciation Top 10 and Bottom 10 - 5 year Depreciation on Autos

[David]

Seems the charts speak for themselves. You can read the story at Jalopnik or go to ISEECARS and read each on individually.

American and Asian rule the lowest depreciation on auto's.

A few US and Asian auto's but the Germans rule the highest depreciation on auto's.

 

Jalopnik story

ISEECARS website

[balthazar]

Need another chart which shows dollar depreciation. S-class, being the highest priced on that list by far, would OWN the #1 slot for value loss.

[Drew Dowdell]

S class loses an entire E class in value in 3 years or less.

[A Horse With No Name]

Drive what you love...I have cars on both highest and lowest list I would be proud to own.

1 hour ago, Drew Dowdell said:

S class loses an entire E class in value in 3 years or less.

Most of the people buying them are not that worried about resale.

[riviera74]

23 hours ago, A Horse With No Name said:

Drive what you love...I have cars on both highest and lowest list I would be proud to own.

Most of the people buying them are not that worried about resale.

Buyers do not (have to) care about resale.  Lessees must care about resale since that is the difference between walking away paying nothing or paying a lot of cash to get out of their lease.

[A Horse With No Name]

3 minutes ago, riviera74 said:

Buyers do not (have to) care about resale.  Lessees must care about resale since that is the difference between walking away paying nothing or paying a lot of cash to get out of their lease.

A lot of luxury car leases are subsidized by the car maker I think.

[riviera74]

7 minutes ago, A Horse With No Name said:

A lot of luxury car leases are subsidized by the car maker I think.

Probably.  Depends on the contract once the lease has run its course.

[ykX]

On 10/11/2018 at 10:12 PM, balthazar said:

Need another chart which shows dollar depreciation. S-class, being the highest priced on that list by far, would OWN the #1 slot for value loss.

 

On 10/13/2018 at 8:12 PM, Drew Dowdell said:

S class loses an entire E class in value in 3 years or less.

According to MB website, current lease offer on S 560 4Matic is $1499 a month plus $8793 down payment without taxes and fees for 36 month.  So in three years the person leasing will pay at least $62800 for the lease on a car with MSRP of  about $109k.  I think they are doing all right with it.

[A Horse With No Name]

4 hours ago, ykX said:

 

According to MB website, current lease offer on S 560 4Matic is $1499 a month plus $8793 down payment without taxes and fees for 36 month.  So in three years the person leasing will pay at least $62800 for the lease on a car with MSRP of  about $109k.  I think they are doing all right with it.

They have a market of ready buyers of people willing to step up to pay it. In a lot of the better urban neighborhoods people will pay a million dollars for a house just to tear down for the lot. 

What you want, and exactly what you want, can carry a huge price tag.

On worth Avenue on Palm beach a sweater is 3 grand...again....if you have a luxury good that people want, people will pay.

[David]

3 minutes ago, A Horse With No Name said:

They have a market of ready buyers of people willing to step up to pay it. In a lot of the better urban neighborhoods people will pay a million dollars for a house just to tear down for the lot. 

What you want, and exactly what you want, can carry a huge price tag.

On worth Avenue on Palm beach a sweater is 3 grand...again....if you have a luxury good that people want, people will pay.

Ouch crazy prices are bad for all, but then it is a capitalist society with what ever the market will bare.

[A Horse With No Name]

2 hours ago, dfelt said:

Ouch crazy prices are bad for all, but then it is a capitalist society with what ever the market will bare.

Making luxury goods employs a lot of people. I have zero problem with it at all.

[ocnblu]

Seems nobody wants new... or used... electrics.  But authentic, purposeful, useful under any conditions vehicles retain more of their value.  Whoda thunkit, eh? 

Edited October 15, 2018 by ocnblu

[Drew Dowdell]

It's more like the tax credit distorts the used market for those cars.  It's cheaper to lease a new one than it is to buy a used one.... ridiculously cheaper. That creates a glut. 

[ocnblu]

Without the tax credit... sales would be even more pathetic.  When you have to bribe someone, and make the public at large pay the bribe, it becomes sticky.