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How fast do these cars depreciate?

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Old Dec 3, 2012 | 09:38 PM
  #11  
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So about how much would a 360 be worth in 10 years? 50k?
 
Old Dec 3, 2012 | 10:01 PM
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Originally Posted by cwood
So about how much would a 360 be worth in 10 years? 50k?
At the most, for like a 2003 model.
 
Old Dec 4, 2012 | 05:54 AM
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Originally Posted by SpeedEvo
Exotics are best bought second-hand, but I think they depreciate <10% with moderate driving, but do not get below the price of a previous generation model unless it's got over 80k miles (there's a 2005 F430 for sale which has 101k miles selling for $99k).
The only car that doesn't depreciate it seems is the Nissan GT-R, lol. The first GTR's that came stateside were priced at $69.7k. Now those same cars with 40k miles are in the mid to high $60's, lol.
I think the GT-R will depreciate alot in the next 10-15years. The maintenance of all the computers will be a nightmare.
 
Old Dec 4, 2012 | 10:43 AM
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Originally Posted by SpeedEvo
At the most, for like a 2003 model.
Good to know. I plan on going into medicine so maybe if I saved for a down payment now I could finance one during residency
 
Old Dec 4, 2012 | 11:11 AM
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Depends on the economy, model changes etc.
 
Old Dec 4, 2012 | 11:11 AM
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^ Its always a good idea to blow all your money before you've even made it. Be sure to save a couple bucks for brake and oil changes.
 
Old Dec 4, 2012 | 11:53 AM
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Lol, you'll be making less than $30k (hopefully more with inflation adjustments but I don't see medicine as being the best paid profession because of certain laws passed by Washington) during residency and you'll be piled with medical school loans. Buying a 20 year old Ferrari would be towards the lower echelon of my spending.
 
Old Dec 4, 2012 | 12:12 PM
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Originally Posted by SpeedEvo
Lol, you'll be making less than $30k (hopefully more with inflation adjustments but I don't see medicine as being the best paid profession because of certain laws passed by Washington) during residency and you'll be piled with medical school loans. Buying a 20 year old Ferrari would be towards the lower echelon of my spending.
I heard residents now make 40-50k a year based on what your doing. I want to go into orthopedic surgery so wouldn't the salary as a resident be a more than 30k?
 
Old Dec 4, 2012 | 02:04 PM
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Originally Posted by Marc
Depends on the economy, model changes etc.
yes, but also largely on the produced numbers..there will be around 20,000 458s at the end of its lifespan..this is a hell of lot. Too much..therefore I predict a 459 in 10 years at 60-70k...only the scuderia 430 etc..will be way more...since there were only a few..
 
Old Dec 4, 2012 | 02:51 PM
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Originally Posted by jumping_horse
yes, but also largely on the produced numbers..there will be around 20,000 458s at the end of its lifespan..this is a hell of lot. Too much..therefore I predict a 459 in 10 years at 60-70k...only the scuderia 430 etc..will be way more...since there were only a few..
Not that low. A 2002 BMW M3 with a $60k sticker price is selling for $20k right now. And that's a 10 year old BMW.
 



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