Re: Price Rollercoaster
Originally Posted by ben47
2005 Crossfire Limited Roadster (auto w/35k miles and in good condition).
Paid: $25,000
Current trade-in value: $19,835
You've lost: $5,165 = 20.25%
Here's the link for Kelly Blue Book: http://www.kbb.com/
Ben, I don't want to come across as argumentative. Like Mediacritic said, cars are never a good investment. All I'm saying that the XF has seen most of it depreciation, like most cars do in their first 3 years. On top of that, the car is devalued. Some of us were lucky and bought at devalued prices. So if someone is considering a to buy now, it's not a bad time to buy. IMO the crossfire will continue to depreciate, but at the same rate any car is depreciating now. I went to the KBB site and I get a different trade-in price. I get $23,500 but I know this means squat when trading a car, but that's what the book gives me. Retail is above $29K which we know is high. Here are the parameter I used;
2005 XF LTD, Roadster, Excellent condition, 8K miles, MP3 player, and NAV.
Last edited by FP; Jun 6, 2007 at 12:13 AM.