Evo X or 370Z???

SS_Firehawk · 10-28-2012, 02:49 PM

Quote:

Originally Posted by Red__Zed

I see this posted all the time and it just isn't true. Let's do 2011 models.

370Z coupe

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $3,233 $2,835 $2,494 $2,212 $1,985 $12,759

2011 Mustang:
Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $2,574 $2,275 $2,023 $1,816 $1,655 $10,343

WRX sedan:

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $2,585 $2,268 $1,994 $1,769 $1,587 $10,203

Mazdaspeed3

Year 1 Year 2 Year 3 Year 4 Year 5 5 Yr Total
Depreciation $1,864 $1,649 $1,465 $1,315 $1,199 $7,492

Your spreadsheet needs a starting price. Cars at a higher price losing the same % in residual value in comparison to another vehicle that is more inexpensive. Considering most Z's are averaging about $37,000 new (I'm not factoring what anyone paid just MSRP), it paints a different picture.

KBB estimates my vehicle at $31,200 (around 10k mi) in excellent condition on private resale and $29,300 on trade in. Sticker, my vehicle was around $36.5k. With VPP pricing, I got it for $32,400 (irrelevent to the arguement, but only losing $1300 and owing $28k, I'm winning this battle of depreciation and only owned it for a total of one year.)

I ran the same thing with a 2011 Ford Mustang GT Premium with leather, HID headlights and same mileage, $26,650 and the stealership will only pay $24,395.

I'm not sure what reputable source your using, but these are prices in the States using KBB, a source most dealerships and private buyers use to estimate the value of a vehicle.

Irrelevant to the argument, but only losing $1300 and owing $28k, I'm winning this battle of depreciation and only owned it for a total of one year. I am already out from being underwater and my loan was for $34k.

I'm going to bed (Afghanistan), so you have roughly 7 hours to formulate an argument to prove I am incorrect.