Anyone know of a site that graphs depreciation on Infiniti?

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iCapture
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Car: 2011 G37S

Anyone know of a site that graphs depreciation on Infiniti?

Postby iCapture » Tue Apr 24, 2018 2:05 pm

Wondering if there are sites out there that graph the depreciation of new vehicles.

My G37S has dropped in value like a hot stone through snow and I bought mine used from a private party! I can only imagine the depreciation new from a stealership.

I buy pretty much everything used and often in a distressed condition, which allows me to improve it and sell for near or more than I purchased it for (I've done this with almost all previous vehicles.) So seeing the value of something I bought drop by almost half in only 3 years is a lesson in life to say the least. Education is expensive.

Buying a vehicle new seems to me an exercise in masochism.


$tarter
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Car: 2011 G37S sedan 6sp

Re: Anyone know of a site that graphs depreciation on Infiniti?

Postby $tarter » Wed Apr 25, 2018 7:29 am

You are correct if you turn a car over every few years. Buying a vehicle new isn't a bad idea if you keep it long enough. Leasing a new car is the real waste of money, the only time that works is if you are able to deduct it from taxes because of business use. I buy new and keep between eight & twelve years. I get the benefit of the factory warranty and the accurate knowledge of how the car was maintained and used. Of course I also pay cash for the car when I buy it, no financing. That works out because the current return on that money, had I invested it, is less than the interest I would have had to pay on a car loan. Be smart with your money folks. Cars are never an investment. They are always a cost center.

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audtatious
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Re: Anyone know of a site that graphs depreciation on Infiniti?

Postby audtatious » Thu Apr 26, 2018 12:27 pm

There is stuff out there, you just have to do some searches

http://www.blackbook.com/wp-content/upl ... Report.pdf

iCapture
Posts: 23
Joined: Sun May 18, 2008 3:47 pm
Car: 2011 G37S

Re: Anyone know of a site that graphs depreciation on Infiniti?

Postby iCapture » Thu Apr 26, 2018 5:15 pm

$tarter wrote:
Wed Apr 25, 2018 7:29 am
You are correct if you turn a car over every few years. Buying a vehicle new isn't a bad idea if you keep it long enough. Leasing a new car is the real waste of money, the only time that works is if you are able to deduct it from taxes because of business use. I buy new and keep between eight & twelve years. I get the benefit of the factory warranty and the accurate knowledge of how the car was maintained and used. Of course I also pay cash for the car when I buy it, no financing. That works out because the current return on that money, had I invested it, is less than the interest I would have had to pay on a car loan. Be smart with your money folks. Cars are never an investment. They are always a cost center.
Well that's another thing. I also bought this car cash.

I guess I'm just blown away by the absolute waste of money new-ish cars are. I can't imagine financing a new car at a poor rate, and then paying the minimum every month. Mind boggling how much money people throw away every month.

Lesson I learned.

iCapture
Posts: 23
Joined: Sun May 18, 2008 3:47 pm
Car: 2011 G37S

Re: Anyone know of a site that graphs depreciation on Infiniti?

Postby iCapture » Thu Apr 26, 2018 5:17 pm

audtatious wrote:
Thu Apr 26, 2018 12:27 pm
There is stuff out there, you just have to do some searches

http://www.blackbook.com/wp-content/upl ... Report.pdf
Wow, thank you! I love market reports like this!

8.4% loss on 2011 vehicles. I want to be making 8.4% on my money!

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Re: Anyone know of a site that graphs depreciation on Infiniti?

Postby DurableOilAMSOIL » Fri Apr 27, 2018 12:51 am

audtatious wrote:
Thu Apr 26, 2018 12:27 pm
There is stuff out there, you just have to do some searches

http://www.blackbook.com/wp-content/upl ... Report.pdf
Awesome report! Did you sign up fir the Black Book membership in order to get it?


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