Post by
CanadianCoupe »
https://forums.nicoclub.com/canadiancoupe-u104043.html
Tue Oct 28, 2008 12:17 pm
Of course the book values have dropped, the 2009 has arrived. A Car can depreciate about $5000 as soon as it leaves the dealership, and thats even with the Japanese cars that have low depreciation rates. If you want to see something funny check the same book value on a similar dosmestic.
People on this forum always talk about trading in their cars, after one year you are crazy to trade it in. If you want a new car every couple years, you should be leasing not purchasing.