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The Great "Depreciation"

Old Dec 26, 2008 | 08:19 AM
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Post The Great "Depreciation"

From Motive Mag:
A tanking economy doesn't have to be all bad news and nooses. Just look at fuel prices, which have come crashing down from unprecedented heights down to levels some younger drivers have never seen at the pump. For the ever-dwindling segment of the population still afloat, a deep recession may be the best time to indulge in a few luxuries that were just out of reach in the past.

In some cases, lightly used luxury rides like Range Rovers, Porsche Caymans, or Cadillac CTS-Vs can be had for Honda Accord prices; dollar amounts that far outstrip normal depreciation. Just be prepared to feel the wrath of your fellow motorists — nowadays, a luxury car can be a rolling target for loose-nut road-ragers with Buy American bumper stickers on their pickups.

Below is our list of top deals. We ignored the obvious stuff like ten-cent Tauruses and went for a set that's more aspirational. Remember, our nation's cup may be mostly empty, but at the same time it's a little bit full.

Sport-Utility Vehicles








Sports Cars








Sport Sedans









Luxury Sedans





 
Old Dec 26, 2008 | 09:54 AM
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Great post! I've been watching this stuff and wondering if i was the only one shocked at how far prices have dropped on some of these things!
 
Old Dec 26, 2008 | 10:01 AM
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great post. it is amazing what these vehicles can picked for now.
 
Old Dec 26, 2008 | 10:16 AM
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Seriously? Is it April 1st? Am I drunk? Is that what you're paying? Someone pinch me because I want to cry. Many of those cars are around the same we pay for steak and cheese Subway sammich.
 
Old Dec 26, 2008 | 10:46 AM
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Yeah, I'll never understand why anyone would buy new. I want about half of those cars (and own one).

Wonder if that STS-V would tow a coupla dirt bikes?
 
Old Dec 26, 2008 | 11:51 AM
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Originally Posted by jox
Seriously? Is it April 1st? Am I drunk? Is that what you're paying? Someone pinch me because I want to cry. Many of those cars are around the same we pay for steak and cheese Subway sammich.
Most countries have high import tariff on cars, so don't feel bad.

We are special in the US, and cars are cheap.

It could be worse, you could be living in Singapore, not be allowed to chew gums, and have to pay 100K for a Camry.
 
Old Dec 26, 2008 | 11:55 AM
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The prices still seem on the high side.

I haven't seen a 2003 Turbo going for 65K in a long time. Unless we are talking about 10K mile 2003 Turbo's with boatloads of options.

Oh and those Audi prices are also on the high side. Nowadays even the RS4's are in the high 40's.
 
Old Dec 26, 2008 | 11:59 AM
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Old Dec 26, 2008 | 12:25 PM
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Yep I am buying an S4 next month! I need a new DD and was looking at a legacy 2.5 GT but why when I can get an S4 for not much more.
 
Old Dec 26, 2008 | 12:42 PM
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Prices have crashed down hard, even in Canada where the economy is nowhere near as bad as it is in the US.
 

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