Price check 09 turbo cabRiolet
#3
Drove 5 hours to buy the car with the money in hand and guess what ? I had not even made it to the car yet and could clearly see the day and night difference between the bumper and the rest of the car
To them it was nothing but to me who had specifically asked if there was any paint work on the car, ofcourse it was important.
All i have to say is, buyer be aware .. Personally to me, MG is just another used car dealership
#5
Race Director
Generally, the way car depreciation works is the car depreciates 10% from the price the dealer paid (which may or may not (probably not) be invoice) for the car the minute the car is driven off the show room floor.
Then every year the new car models arrive the car depreciates another 10%.
So, if you know the dealer's cost (invoice cost) of the car or the MSRP (you can then 'guess' at the invoice) you can work the numbers and come up with a value of the car.
Sure, some cars suffer steeper depreciation curve and some a much shallower depreciation curve.
Searching nationwide say at www.autotrader.com for all similar models on either side of the specific model year you are looking at will give you a feel for the asking price and with your numbers you can get a feel for if the car's depreciation curve is steep or less so.
Sincerely,
Macster.