Keepleft
13-01-2006, 06:30 PM
Any similar stories to this:
April 2005 black CRV Sport, mint con'd with numerous genuine accessories was $42,216 on road in April 2005.
Car bears 17,800 kilometers but on offer wholesale or to dealers, the best stands at $28,000 with $26-27K more typical. A $14,216 effective depreciation for all of 8 months of use.
I still saw a CRV Sport on sale at a dealer, second hand on-road for $36K with very, very low kays, around 3.
Still, a pretty steep depreciation.
You see, Honda are having run out sales of the 2005 CRV, seems timing is everything. Another lesson is to not option up the car (headlight covers, sidesteps, mats etc), all the genuine accessories are worth in the end trade-game - zilch.
Did like the Integra bearing leather seats, top of the range, thought about it, but scare of depreciation sees the lady owner looking somewhere else.
April 2005 black CRV Sport, mint con'd with numerous genuine accessories was $42,216 on road in April 2005.
Car bears 17,800 kilometers but on offer wholesale or to dealers, the best stands at $28,000 with $26-27K more typical. A $14,216 effective depreciation for all of 8 months of use.
I still saw a CRV Sport on sale at a dealer, second hand on-road for $36K with very, very low kays, around 3.
Still, a pretty steep depreciation.
You see, Honda are having run out sales of the 2005 CRV, seems timing is everything. Another lesson is to not option up the car (headlight covers, sidesteps, mats etc), all the genuine accessories are worth in the end trade-game - zilch.
Did like the Integra bearing leather seats, top of the range, thought about it, but scare of depreciation sees the lady owner looking somewhere else.