Some advice please.
03-12-2017, 12:53 AM
#16
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From the research I've done, most cars in general- have their largest value drop at around the 2 year mark.
There are certain exceptions, but this is typically the case for most cars- especially the german brands (except for Merc currently, which is experiencing some massive further depreciations).
Whether you'll end up with just a 20k loss in value has a lot to do with millage.
From what I've seen in the market (and guys on here will be much better able to validate or rebut this)- most PCars drop in the range of 35% in value from initial model year to 3 years out.
I.e. a 140k 2014 is worth around 90k.
The more the options, the larger depreciation since the "custom" nature of this car leaves people never (almost never) getting what they want, which seems to lower the return regardless of larger MSRP.
Outside of that though, the fall off seems to taper pretty well after the initial 3 year drop- something closer to 10-15% in the subsequent years.
If someone has better info, I too would sure be interested in seeing it-hearing it.
There are certain exceptions, but this is typically the case for most cars- especially the german brands (except for Merc currently, which is experiencing some massive further depreciations).
Whether you'll end up with just a 20k loss in value has a lot to do with millage.
From what I've seen in the market (and guys on here will be much better able to validate or rebut this)- most PCars drop in the range of 35% in value from initial model year to 3 years out.
I.e. a 140k 2014 is worth around 90k.
The more the options, the larger depreciation since the "custom" nature of this car leaves people never (almost never) getting what they want, which seems to lower the return regardless of larger MSRP.
Outside of that though, the fall off seems to taper pretty well after the initial 3 year drop- something closer to 10-15% in the subsequent years.
If someone has better info, I too would sure be interested in seeing it-hearing it.
03-12-2017, 04:57 AM
#18
year 0 $118,000 --->$94,400
year 1 $81,200
year 2 $73,000
milage, condition, CPO status, options and maintenance will play a factor.
year 1 $81,200
year 2 $73,000
milage, condition, CPO status, options and maintenance will play a factor.
Good afternoon everyone. So I had a 2014 C2S for two years exactly this month. The warranty was coming down soon so I decided on selling it for a very decent price. I actually started to have slight withdrawals when my garage was empty. So I started to look at some 2017 base models. I drove one and it felt faster than my S. I then started reading some different articles and noticed that it actually is faster. My biggest fear is depreciation. With my 14 I only lost 14,000 over two years. My threshold is 10,000 per year I've been told that the base actually holds it's value better both when it's new with residual and when it's being sold Used. I started to research from 2011 to 2016 and noticed the S actually does depreciate more however I'm sure the S is more desirable in the used car market. I have the opportunity to purchase 2017 with 5000 miles with the 118 sticker for about 95. If I kept this for two years is it safe to say I'll be able to recoup 75? Or should I just wait for a used 17 S to come available? My budget is 100,000 or less. Any and all comments are appreciated. Thank you.
03-12-2017, 04:59 AM
#19
Racer
Market changes from time to time, it's hard to make predictions. If you are planning to spend up to 100k for a car, it should be exactly the way what you like; order one with the options you like, of course stay within your budget, and enjoy it.
Often I have people or friends telling me that I put too much mileage on my cars and that hurts my resell value. I told them, I buy the car because I want to drive it as much I can while I am still healthy enough to do so, especially on a 100k+ purchase for a vehicle which is already unreasonable to begin with.
Often I have people or friends telling me that I put too much mileage on my cars and that hurts my resell value. I told them, I buy the car because I want to drive it as much I can while I am still healthy enough to do so, especially on a 100k+ purchase for a vehicle which is already unreasonable to begin with.
03-12-2017, 12:42 PM
#20
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