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.

 

[bobo57]

Hoping to keep mine for 20+ years so hopefully depreciation won't be an issue.

 

[mksz51]

Most Cadillacs depreciate rapidly. Escalade is no exception. As noted above most high end vehicles depreciate rapidly. There are a few exceptions that are still "reasonably" obtainable. IF you have $200K-$250K to spend on a sports car look at a 911 Targa or GT3. Allocations are tough to get for those but if you can and if you can purchase for MSRP your depreciation will be nothing or next to it. Used ones routinely are priced higher than the original MSRP.

 

[MrScottly]

IF you have $200K-$250K to spend on a sports car look at a 911 Targa or GT3.

Can ya get a set of 35's on that sumbitch?