Jaguar winning the trophy for highest depreciation!
#62
#64
#65
With custom cars, the beauty is in the eye of the beholder. This car might be something that perhaps sell at one of those auctions on TV for 6 figures, or perhaps not, maybe not even $5,000. I built a custom truck, a few years back, when it came time to sell it, I didn't even get back the investment.
#67
I'm 1 year into my Jag ownership and will be looking to sell within 6 months. Kelly Blue Book places the value at a small gain/break even for one year ownership. This takes into consideration miles I have put on it. I have noticed that prices on some other model year and other high line cars I am looking at show much depreciation. My 08 XKR convertible was in the $100K MSRP when new. I'd expect a big depreciation over 9+ years, but not a drastic one in a year or so time. My hopes are for an 2010+ XKR... although others in the same class are options. Best find will win.
#68
As bad as this depreciation is (and it is bad) the last reports I've seen say Cadillac and Mercedes is a bit worse.
Not to worry thou because this historic high depreciation has allowed me to own a series if slightly used classics I could otherwise not afford. I think a lot of us here on this Forum are in the same category.
Not to worry thou because this historic high depreciation has allowed me to own a series if slightly used classics I could otherwise not afford. I think a lot of us here on this Forum are in the same category.
#69
With custom cars, the beauty is in the eye of the beholder. This car might be something that perhaps sell at one of those auctions on TV for 6 figures, or perhaps not, maybe not even $5,000. I built a custom truck, a few years back, when it came time to sell it, I didn't even get back the investment.
http://www.mercedes-benz.com/en/merc...h-6-cabriolet/
Marco