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Old 09-17-2007, 09:11 PM   #21
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Quote:
Originally Posted by mstrwolfgang
On another note, isn't it sad that when you drive a brand new car out of the dealership parking lot, it automatically depreciates by about $2000 right off the bat?
That figure is closer to a $10,000 price drop.

At least that'* what I've come to know.
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Old 09-17-2007, 09:13 PM   #22
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Actually, the figure is a percentage of the original cost. Not a fixed amount.
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Old 09-17-2007, 09:15 PM   #23
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True. It definitely depends on the car, especially US vs foreign cars. But for most brand new cars, $2000 is too low.
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