6.2 L Vehicle Values

[AXE]

This is an interesting video. Mostly anecdotal, I suspect it varies by a lot of factors such as mileage, vehicle condition and region.

The depreciation on that Escalade is brutal!

 

[geddyflea]

Thats the reason I will never buy a high end vehicle new. I either lease new or buy it used to keep from taking that monster depreciation hit.

 

[ZR2xBIZON]

Thats why I stole mine. I'm looking at appreciation not depreciation.

 

[wutang61]

Hypothetically I get bent over for 45k on trade for my 22 @32k miles.

Paid 67 OTD

Total depreciation would be $22k in 4 model years. Even less with the “tax savings”

Can’t complain much with that.

 

[MrScottly]

Thats the reason I will never buy a high end vehicle new. I either lease new or buy it used to keep from taking that monster depreciation hit.

Isn't that what a lease payment is? You're paying for the depreciation, which is why when the lease is over you have nothing?

 

[AXE]

I usually keep stuff a long time. My two previous Duramax 2500s each kept for 10 years cost me about $166 month and $200 month. When I sold them, they were worth about 50-60% of what I paid, including accessories. Hardly had any issues, just a few warranty fixes and regular maintenance. I call that pretty inxepensive for "expensive" trucks.