Well, the point is, you don't work depreciation numbers from the MSRP. It's decided based on the sales fee, not MSRP. Those numbers are going to be really skewed and misleading. IMHO

 

Well said. And as far as sales tax goes, I would just write that one off as well. I would not count that as depreciation, but just the cost of buying the car.

Either way, you're spending a lot of money and why not try and figure out what your loss might be. I don't think there's anything wrong with that. Analyze new versus preowned isn't a bad idea either. After all, nobody likes to lose money do they? I like minimizing losses as opposed to maximizing them.

 

It's also interesting that when people try to sell cars, it's always based off of the sticker price. When in reality, there was always a discount and a buyer should factor that in as well.

 

I think it's actually worse. The $3k saved off MSRP is less than the amount paid in sales tax, registration fees, interest from leasing/financing.

 

The OP mentioned a "base" 911 which means a $100k C2 that has $16k in options. You always lose the resale on most of the options right away. A 85k MSRP 911 vs 100k MSRP 911 will sell for about the same 5 years down the road.

Take a look at this 2009 Carrera 4 going with a $45k asking price.
http://www.cars.com/vehicledetail/de...3046/overview/

 

I just bought a 11 month old cpo 2014 991c4s from a dealer with 4000 miles and the depreciation was 22%. Msrp was about 137 k

 

Nice job! A great savings $$$$

 

Thanks but it evened out as I traded in my 13 month old panamera for a whopping 21% depreciation.

 

If you are trading in many states the sales tax value is not a total write off.

 

Have you considered adoption? I am available and "winter" in Tucson would be nice when you come to visit for Christmas!

 

Oh yeah. Been there done that. Lost 10% on a new Cayenne GTS in one month. Should have got the 911 first!!

Our cars are high maintenance women, but we keep falling for them.

In my state, a trade in to a dealer can be put against a new purchase to reduce the taxes paid.

Ex: 100K new car - 70K trade in= 30K taxable sale.


Nothing for a private sale though.

 

^^^ Isn't this everywhere?
Pretty sure you "save taxes' when you trade in your old car to a dealer, in every state.

I say something like this :
20% - 1st year
15%- 2nd year
8-10% /year constant starting 3rd year...

 

Did not see any 13 c4s cabs trading at 35% discount.....I think it depends on the model mileage etc..perhaps fair on the base model...

 

If you are worried about depreciation your answer is one of 3 options. Lease: you know exactly what the car will cost you and no worry about value at end. Buy leftover: If you can find a leftover 2014 that you like then you can save quite a bit. Buy used: Let someone else take the depreciation hit and best to buy in cold area of the country in the winter but realize that if you buy a CPO the savings aren't nearly as great. Best is to find a car that is a year or two old and you can get a great deal versus MSRP if car is heavily optioned.

 

Not arguing with your financial logic.. I however might be more inclined to follow it if I was buying a '03 Corolla....

Buying whatever is left over is akin to dating from the selection at Walmart at 11:00 on Saturday night..

Good financial advice but the better financial advice is don't buy a luxury/sports car in the first place... But if you do, get exactly what you want and don't settle for leftovers