Originally posted by DakarM
50% depreciation in 1 year?
I'd take that bet.
now do you mean auto/dealer only auctions or public auctions?
I own one of the fastest deprecitating sports cars that was on the market. $40K bought, after 4 years value $28k.. what you don't know is that the value after the first year was also 28K. 12K in depreciation in one year.
if the 03 EVO depreciates 15K in one year I'll buy it with cash!
dealer auctions.. the big ones.. the only important ones :chuckles: the ones that determine the real value of a car... how about i let you know in a year?? hit me up