My car has dropped $6500 invalue 6 months

[forestacademy]

The Cash for clunkers is going to make it even harder to sell used cars for a while.

If you can get more by trading in your old car for NEW then why go private and loose money

[24-42]

Originally Posted by Chad W

If this dealer did take me for that much I will take it down like a ton of rocks, Yes I am a sore loser and I don't like being taken advantage of. If what you guy are saying is right then I work nights so my days are free I will sit outside of this dealership in clearwater fl and post my losses on my car to make sure nobody Else gets taken like I did.

Chad;
Something to think about........
If we beat ourselves (and or others) up and dwell on what we perceive to be our mistakes/misfortunes: It is called PENITENCE

If we learn and add to our life experience from our mistakes/misfortunes: It is called TUITION

I am, no doubt, a lot older than you, and unfortunately I didn't learn this until I was a lot older. This is an opportunity to have a jump on your peers.

With kindest regards

Donald LaFavor

[Godfather]

And to think we always just called it "taking your lumps"........

[fpage77]

Originally Posted by forestacademy

The Cash for clunkers is going to make it even harder to sell used cars for a while.

If you can get more by trading in your old car for NEW then why go private and loose money

I still have my 2006 Scion Xa that's been hanging around for 6 months that needs to be sold. I'm not going to be able to sell it now???????????????????????????

[CMPVEGAS]

Originally Posted by Chad W

Has anybody checked the value of your cars latly???
i just went to evry book (black book ,blue yellow etc..)
This car has dropped $6500 in the last 6 months by far the worst car value i :

This is why I purchased a used Pure for $11,999. I know the value is going to nose dive. Two seat cars are not very popular to begin with and gas prices have dropped $1.50 per gal in the last year. I wanted a new convertible but knew it would lose to much value.

[epbrown]

Originally Posted by CMPVEGAS

This is why I purchased a used Pure for $11,999. I know the value is going to nose dive. Two seat cars are not very popular to begin with and gas prices have dropped $1.50 per gal in the last year. I wanted a new convertible but knew it would lose to much value.

I bought a new Pure with radio and AC for $12.7 in 12/08. According to KBB.com, it's worth $11.7k right now, $11.2 on Edmunds, and that's putting my car in as a 2008 because neither sites has a used 2009 option. Not bad at all, imo.

[MP3SMART]

Mine cost 16k even including the delivery charge. It was a passion with every option. I think I made out good in the deal. Mine is now priceless.

[ArthurRW]

Are we talking sticker price or sticker + taxes + interest? My '09 Passion comes to 20k after all that is added in.

[epbrown]

Originally Posted by ArthurRW

Are we talking sticker price or sticker + taxes + interest? My '09 Passion comes to 20k after all that is added in.

I don't think you can reasonably includes tax, title and license fees when calculating depreciation. They vary depending on market and aren't part of the car's material value. I don't think any valuation site accounts for them. It would be like including interest charges (which Edmunds does with their "True Market Value" calculations, which is wrong).

[epbrown]

Chad - your old car, perhaps?