Thread: Trade in value.
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Old Oct 24, 2006 | 11:36 PM
  #17 (permalink)  
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Scraper
Joined: Aug 2006
Posts: 82
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From: Annapolis, MD
Default Re: Trade in value.

The last thing a dealer needs now is used cars! They are swamped with them, and being a rear drive sports car, they don't want the hassle of storing it on the lot over the winter. There are dealers who still have NEW Crossfires that are selling at 22-23K just to get rid of them (thats how I got mine!) If you paid close to sticker for it, I'm sorry, with the depreciation of anything now, you won't get squat. I was lucky enough to pretty much buy it with the depreciation already taken off of it. However, the good news is that this is such a limited car (especially the SRTs), that the devaluing should be dropping off, and it will hover in the mid-teens for a while. Kind of the way the SLK's have stopped their fall in the mid 20's (hard-top convertible, don't forget). Same with the Z-3. They are getting old, and still haven't dropped below 10 grand no matter how many miles are on them. Cars are not an investment.
 
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