Resale value??
How much do you think a '99 430 coupe will be worth in Oct. or Nov. of 2004? Let's assume mileage will be around 65K.
Also, does anyone have any information on depreciation on our cars??
TIA!!
$10k to 14k ... unfortunately.
ps:
today according to Kelley Blue Book, the trade in is $19,200 in GOOD CONDITION!!
http://www.kbb.com/kb/ki.dll/kw.kc.u...***&5;MB;CK&&&
Check out edmunds.com
as of right now, estimated with 50,000 miles, the car is worth:
Trade-In: $27,810
Private Party: $30,335
Dealer Retail: $33,103
I'm guessing, add another year & 15,000 more miles, about another $2K in depreciation. Thats my guess...
Dealers go by the "Black Book" or the Galves listings. They only tell un-educated consumer's they go by KBB because KBB screws the consumer. Galves is a subscription service.
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