Originally Posted by civicdrivr (Post 1817775)

If you like to trade cars in every two years, buying them outright is not the right method for you.

With that said, I'm actually content with my value. 43k miles and worth just shy of $17k. On a two year old, "high mileage" $24k car (when new), that's pretty good in my book.

Originally Posted by Autocon (Post 1818160)

You lose 15% of a new cars value as soon as you drive it off the lot.

This is a fact my mom drilled into my head from the moment she bought me my first used car when I was 16 until now when I was able to buy my very first new car, my FRS.

A car isnt a house, its never going to go up in value or stay near the value you bought it (unless its some super rare car). Its going to lose 10 to 20% each year. Your car is not an investment, you shouldn't treat it as one. Its a tool to get from point A to point B and have a ton of fun driving randomly around until you wind up at point C. Property is an investment and if your looking to make money on resale, you should look to the housing market.

Originally Posted by P86RAVES (Post 1818205)

Not all cars lose value so fast; you know, that whole "resell value" thing.

For example, a new WRX will cost you less than a used one from last year. Those cars just don't depreciate much.

A $100K AMG Merc from 2003, you can get one for around $20k now if I'm not mistaken.

While the circle jerk ensuing is fun, it can realistically be expected certain cars values will not fall as much as they do. Perhaps getting car made by Subaru and Toyota, two brands with very good resell value, led OP to believe this.

Relative links:

Least depreciated: http://jalopnik.com/the-ten-least-de...ears-215315708

Most depreciated: http://jalopnik.com/5982789/the-most...past-ten-years

Originally Posted by Accurate Race Shop (Post 1820382)

I'm in real estate and you would be better off flipping cars than houses right now. Houses depreciate just like everything else.

Sent from my Q10

Originally Posted by fistpoint (Post 1819721)

That's actually pretty bad. When my '00 Civic Si was stolen it was 3 years and 3 months old, had 67k miles and stickered for $18k. I got a little over $15k from the insurance company and that was after being rated in average condition since the car was torched, and had a very high mileage penalty.

By comparison, it held its value by more than 100% more than the numbers you've shown for your twin.