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SportTrac Discussion
General Sport Trac Discussion
Mistake
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<blockquote data-quote="Tom Schindler" data-source="post: 536466" data-attributes="member: 56140"><p>What did that show me? Not one truck was listed.</p><p></p><p></p><p></p><p>Really nothing. Compare the Tacoma, Frontier, Colorado or S-10, and Dakota.</p><p></p><p></p><p></p><p>Also take into consideration that most American cars offer rebates where many imports dont. So, you buy a Taurus, as an example, for a sticker price of $25,000 and an Accord for $25,000.</p><p></p><p></p><p></p><p>According with the link you sent, lets say the Accord is now worth 12,250.</p><p></p><p></p><p></p><p>Lets say the Taurus is worth only 40% of it original value. Lets say it is $10,000, BUT the Taurus had a $3500.00 rebate. So you actually paid $21,500.00. The residual value of the Taurus is actually 46.5%. Sure it might not be exactly the same as the Accord, you had $3500.00 in the bank for that time. Your monthy payments would have been lower too. You would have had more money to spend on other things like vacations, food, electricity, and most of all GAS.</p><p></p><p></p><p></p><p>Resale value isn't everything.</p><p></p><p></p><p></p><p></p><p></p><p>Tom</p></blockquote><p></p>
[QUOTE="Tom Schindler, post: 536466, member: 56140"] What did that show me? Not one truck was listed. Really nothing. Compare the Tacoma, Frontier, Colorado or S-10, and Dakota. Also take into consideration that most American cars offer rebates where many imports dont. So, you buy a Taurus, as an example, for a sticker price of $25,000 and an Accord for $25,000. According with the link you sent, lets say the Accord is now worth 12,250. Lets say the Taurus is worth only 40% of it original value. Lets say it is $10,000, BUT the Taurus had a $3500.00 rebate. So you actually paid $21,500.00. The residual value of the Taurus is actually 46.5%. Sure it might not be exactly the same as the Accord, you had $3500.00 in the bank for that time. Your monthy payments would have been lower too. You would have had more money to spend on other things like vacations, food, electricity, and most of all GAS. Resale value isn't everything. Tom [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Mistake
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