What 10-year-old Car Has Depreciated the Least?

"davesaddiction @ opposite-lock.com" (davesaddiction) 04/21/2014 at 15:31 • Filed to: None

2

100

Not including the Enzo or Carrera GT and other exotics. Post original MSRP and link to car for sale.

C5 Z06 was $52k new - retaining >50% of new 10 year later is not too shabby...

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Let's keep it to 2004 model year cars only.

Inspired by Jagvar's Maybach post.

Also, old, but good article from C&D:

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Brian Silvestro > davesaddiction @ opposite-lock.com 04/21/2014 at 15:36

1

How old are 993s? Those don't depreciate.

TheBaron2112 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:36

0

2008 Lotus Elise SC.

MSRP - $58k
http://www.caranddriver.com/reviews/2008-l…

Current Price - $47,900 with under 7,500 miles.
http://www.autotrader.com/cars-for-sale/…

AthomSfere > davesaddiction @ opposite-lock.com 04/21/2014 at 15:38

6

2004 ish Acura NSX

Retailed about $80k, in good condition NADA has no problem with $65,500. That's about 82%.

Sn210 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:39

3

2004 VW R32. MSRP was $29,675. Here's one for sale, ten years later, for just under $19k. That's about 2/3's it's original value.

http://m.autotrader.com/cars-for-sale/…

Vicente Esteve > davesaddiction @ opposite-lock.com 04/21/2014 at 15:40

1

2004 VW R32

This one is 20,995

Listing

dinobot666 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:41

1

Does it have to be just a car? If not, you'll be hard pressed to find any vehicle that depreciates less than a Jeep Wrangler or Toyota Tacoma.

Milky > davesaddiction @ opposite-lock.com 04/21/2014 at 15:42

4

Wranglers … wranglers don't depreciate.

Both of these have real miles too, 70k-ish.

From what I can tell they were 25k new, that seems too low. Maybe someone that actually knows can help me out here.

Übel > davesaddiction @ opposite-lock.com 04/21/2014 at 15:44

1

The original Golf R32 is up there. MSRP was $30k, they run $15-20k last I knew of.

Jcarr > TheBaron2112 04/21/2014 at 15:45

2

Wait, when did it become 2018?

davedave1111 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:45

2

2004 Fiat Panda, the cheapest was under £7k, call it £6500 after haggling - I think that was the cheapest car on sale in Europe at the time. Now still worth about £1k. That's £5k depreciation in ten years. Percentagewise, nothing special. But it's probably the smallest financial loss, so in one sense it's depreciated the least.

The Ghost of Oppo > davesaddiction @ opposite-lock.com 04/21/2014 at 15:46

1

MkIV R32

They have depreciated, but you aren't going to find one for less than $13k unless it has 120k+miles. Low mileage ones can go for more than $20k.

Jacques L' Autre > Sn210 04/21/2014 at 15:46

0

Came here to say the same thing. You can even find Mk5 R32s for cheaper, but they never came with manuals in the States.

Sn210 > Milky 04/21/2014 at 15:46

1

Yep, 04 Rubicons were msrp'd at $25k, that's crazy

Saracen > TheBaron2112 04/21/2014 at 15:46

0

It's not ten years old, though.

jariten1781 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:47

1

In normal car land:

Civic VP MSRP was 14k now 10k: http://www.cars.com/go/search/deta…

F150 Lariat Supercrew 4wd MSRP was 35k, now 28k: http://www.cars.com/go/search/deta…

vdub_nut: scooter snob > davesaddiction @ opposite-lock.com 04/21/2014 at 15:48

2

I had a brilliant plan to troll the shit out of this by posting Ford GT's that are now worth 2x what they went for new, bu, alas..... They seem to have only come out in 2005.

ncasolowork2 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:48

3

Without looking or doing the math I would think a WRX STi would retain value well regardless of the year.

Sn210 > Jacques L' Autre 04/21/2014 at 15:48

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yeah the mk5's just weren't as cool

ncasolowork2 > TheBaron2112 04/21/2014 at 15:49

0

I'm confused. Is 2008 a new way of typing 2004?

sourlemons > davesaddiction @ opposite-lock.com 04/21/2014 at 15:51

1

Jeep Wranglers have insane resale. This sold for less than $30k 10 years ago. $21.5 k now?

http://www.kbb.com/cars-for-sale/…

Jacques L' Autre > Sn210 04/21/2014 at 15:52

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Not at all, and that's why they're cheaper than Mk4s.

LuczOr > Sn210 04/21/2014 at 15:53

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This pretty much wins. Damn R32 is so overpriced.

davesaddiction @ opposite-lock.com > davedave1111 04/21/2014 at 15:54

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Ha! Interesting strategy.

davesaddiction @ opposite-lock.com > vdub_nut: scooter snob 04/21/2014 at 15:54

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Yeah, I checked.

ncasolowork2 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:56

1

Dealer asking $20k for a Jeep Liberty Sport with $100,000 miles on it around here. That seems insane.

davesaddiction @ opposite-lock.com > AthomSfere 04/21/2014 at 15:56

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Forgot they sold for so long. Nice one.

resinburner > ncasolowork2 04/21/2014 at 15:56

1

After looking at cars for a couple months I have come to the conclusion that Subaru owners think their cars go up in value the more miles they put on them.

davesaddiction @ opposite-lock.com > sourlemons 04/21/2014 at 15:56

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Crazy value retention.

davesaddiction @ opposite-lock.com > Brian Silvestro 04/21/2014 at 15:57

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2004 is 996 territory.

Saracen > Brian Silvestro 04/21/2014 at 15:58

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993's ended production in 1998.

davedave1111 > davesaddiction @ opposite-lock.com 04/21/2014 at 15:59

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Well, I was thinking that half the value of the Corvette is still $26k in depreciation. $2.5k a year isn't bad at all, but bangernomics has that well beaten. Not sure the same is true with the Panda - it's definitely a challenger, given the (probable) lower running costs over the ten year period.

TheBaron2112 > ncasolowork2 04/21/2014 at 16:02

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I could have sworn I read 2008. I'm an idiot.

Clown Shoe Pilot > davesaddiction @ opposite-lock.com 04/21/2014 at 16:03

2

2001/2002 M Coupes do pretty well. Just a week or so ago a 2001 with 44K miles sold for just a touch under 36 grand. Original MSRP was around 47 grand. That's 76% value retention.

davesaddiction @ opposite-lock.com > ncasolowork2 04/21/2014 at 16:05

1

Liberty? That is insane.

davesaddiction @ opposite-lock.com > Clown Shoe Pilot 04/21/2014 at 16:06

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Very nice, but not 2004. Has yours gone up in value since you bought it?

davesaddiction @ opposite-lock.com > davedave1111 04/21/2014 at 16:08

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Bangernomics FTW. Except for the fact that you're stuck driving a Fiat Panda for ten years.

Brian Silvestro > davesaddiction @ opposite-lock.com 04/21/2014 at 16:09

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*shudders*

nevermind.

TheNeonDriver - Now with More BMW! > davesaddiction @ opposite-lock.com 04/21/2014 at 16:10

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2004 SRT-4 $20,000 brand new. This one is $14,500, which is 72% of it's original valve.
Typically they hover around $9-7K though, which is still 45%.
Not too shabby for a little shit box!

Saracen > davesaddiction @ opposite-lock.com 04/21/2014 at 16:10

1

2004 911 GT3.

New: $100k.

Now: $58k-$69k on autotrader.

http://www.autotrader.com/cars-for-sale/…

Saracen > LuczOr 04/21/2014 at 16:11

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If they are trading hands for that much, then they're not overpriced.

jariten1781 > davesaddiction @ opposite-lock.com 04/21/2014 at 16:14

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For only 12 grand you can have a decade old Corolla LE that originally sold for 15k. What a steal.....

http://www.cars.com/go/search/deta…

dogisbadob > davesaddiction @ opposite-lock.com 04/21/2014 at 16:14

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Easy: Honda

The Civic and Fit hold their value extremely well. It is difficult to find a fit for under 10k—and they go for like 15k new! OK fine, the Fit came out in 06 and so did the 8th-gen Civic, but the 7.5-gen Civic is still fairly expensive too

davesaddiction @ opposite-lock.com > Saracen 04/21/2014 at 16:15

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Not bad.

davedave1111 > davesaddiction @ opposite-lock.com 04/21/2014 at 16:16

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That's hardly a downside. I've made the case on here before that the second-gen Panda could be considered one of the greatest cars ever made, thanks to its combination of fun, practicality and economy. It's a bit of an oddity, because thanks to the success of the 500's trendy looks Fiat never made as much of the Panda as they could have done - although they still sold two million of them.

davesaddiction @ opposite-lock.com > Brian Silvestro 04/21/2014 at 16:17

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Not a fan of the egg yolk, but it does seem like a good path into to Porsche ownership for a discount price. The later 996s are very similar mechanically to the early 997s.

Vicente Esteve > davesaddiction @ opposite-lock.com 04/21/2014 at 16:17

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Also this

$21,995. Damn Land Cruisers. Rear dual screens though.

Brian Silvestro > davesaddiction @ opposite-lock.com 04/21/2014 at 16:19

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That's true, but at that price I'd rather a Fiesta ST, because I'd assume maintenance will ruin you with the 996.

davesaddiction @ opposite-lock.com > Brian Silvestro 04/21/2014 at 16:22

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There's a lot of middle ground between a used 911 and a new Fiesta.

Brian Silvestro > davesaddiction @ opposite-lock.com 04/21/2014 at 16:23

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I know, I considered all of those cars as well.

Thinking about it...I'd rather have an E28/34 M5 over anything under $30k.

promoted by the color red > dogisbadob 04/21/2014 at 16:27

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USDM Integra Type-Rs are still trading in the 10K+ USD range. I've seen clean examples with low mileage offered in the $20,000 range. A rebuilt wreck with non-matching numbers is worth close to 10,000.

Clown Shoe Pilot > davesaddiction @ opposite-lock.com 04/21/2014 at 16:28

1

True, a 2001/2002 car would be more than a decade old.

I haven't tried to sell mine, but I bought used at the right time (2007) and could probably break even if you don't count maintenance costs. I've dropped many a grand on mine keeping it in peak mechanical condition while still managing to rack up 76K miles. The only complaint a buyer might have on mine would be the paintwork - lots of little nicks and chips from stones and whatnot on the road.

Arben72 > davesaddiction @ opposite-lock.com 04/21/2014 at 16:28

3

Sti's. Low 20s high teens for one with less then 80k miles in ok condition. Atleast that's what people ask for in my area. 31k new.

davesaddiction @ opposite-lock.com > Clown Shoe Pilot 04/21/2014 at 16:33

0

Sounds like you did it right.

Ugh... don't get me started on rock chips. I live not too far from a sand/gravel plant, and their trucks always litter my route to work with thousands of little hellacious projectiles. Mine is by no means a garage queen, but I do my best to keep her looking good!

Satoshi "Zipang" Katsura > Vicente Esteve 04/21/2014 at 16:36

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Weren't they sold alongside the LX470? Quite a nice ride.

promoted by the color red > davesaddiction @ opposite-lock.com 04/21/2014 at 16:37

2

Toyota Tacoma pickups still trade in the low-teens. Not bad for a 10-year-old pickup with a $10,000-$20000 MSRP.

http://sfbay.craigslist.org/eby/cto/443201…

http://sfbay.craigslist.org/nby/cto/442029…

Original MSRP: http://www.autotrader.com/2004-Toyota-Ta…

AthomSfere > davesaddiction @ opposite-lock.com 04/21/2014 at 16:40

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Last year in production was 2005. They should have just kept making them, didn't even need updates!

resinburner > Clown Shoe Pilot 04/21/2014 at 16:41

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One day those things will be worth more than MSRP.

AthomSfere > Sn210 04/21/2014 at 16:41

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CP all day long!

That, and there is only one R32:

Jayhawk Jake > Milky 04/21/2014 at 16:42

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Can confirm.

A friend of mine bought a used wrangler for ~$18kish, had it for 3 years and traded it in for what he paid for it.

And that thing was a basketcase, so I'm shocked they hold value so well.

Jayhawk Jake > davesaddiction @ opposite-lock.com 04/21/2014 at 16:43

1

Corvette values annoy me, because I want one.

I don't know that they generally hold their value any better than any other car (if we exclude Z06/ZR1), but people don't drive their cars. I've been searching for C4 corvettes and there are tons of them with less than 50,000 miles. That's like 2500 miles per year!

Vicente Esteve > Satoshi "Zipang" Katsura 04/21/2014 at 16:48

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They were!

$29,200!!!

And not even with rear screens!

Link

davesaddiction @ opposite-lock.com > Jayhawk Jake 04/21/2014 at 17:02

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And these people wear low mileage on their cars like a badge of honor! I, on the other hand, want to run my car well past 200k and pass it down to my kids one day.

davesaddiction @ opposite-lock.com > AthomSfere 04/21/2014 at 17:03

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Yeah, it's still an epic car today. But they probably wouldn't sell many, sadly.

AthomSfere > davesaddiction @ opposite-lock.com 04/21/2014 at 17:07

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That's fine, and they could have rolled into into a more obtainable car as costs went down. If a brand new 2005 NSX was still for sale at say $50k, I think plenty of people would buy it.

davesaddiction @ opposite-lock.com > AthomSfere 04/21/2014 at 17:13

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How awesome would it be if Honda went back and got together all the old machinery and took orders for a one year run, made exactly like the old one?!

AthomSfere > davesaddiction @ opposite-lock.com 04/21/2014 at 17:17

1

Awesome, the funny thing is: Honda probably has the best recent history arsenal of things people still want:

NSX

S2000

Prelude

Integra

CRX

If they wanted to spark interest in the brand overnight, there they are. Kind of sad really.

davesaddiction @ opposite-lock.com > AthomSfere 04/21/2014 at 17:18

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Yeah, none of those are that recent. Sad is right. I sure hope they can find their way back to what made them great back then.

Jayhawk Jake > davesaddiction @ opposite-lock.com 04/21/2014 at 21:13

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I hate that. People buy a performance car then brag about how little it's been driven an how it's never been driven hard.

WHY DID YOU BUY IT?!

It really sucks because I want a corvette soon, and frankly finding a reasonable one with 80,000 miles seems harder than finding one with 30,000 miles.

I want to buy one of these garage queens and then send the owner pictures of me autocrossing it.

gmporschenut also a fan of hondas > Milky 04/21/2014 at 21:45

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A few years ago I was in the market for one. I wanted something to bop around town and maybe in the winter, 2k miles a year, $5k budget. Then I started seeing the prices. Not going to happen. I was finding 15 year old ones, bare beaten to crap, people were asking $10k+.

gmporschenut also a fan of hondas > jariten1781 04/21/2014 at 21:48

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They may be the lowest mileage 2004 civic and F-150 in the world.

davesaddiction @ opposite-lock.com > Jayhawk Jake 04/21/2014 at 23:13

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Ha! Yes. Do it.

Jayhawk Jake > davesaddiction @ opposite-lock.com 04/21/2014 at 23:20

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If I can you better believe I will

PetarVN, GLI Guy, now with stupid power > davesaddiction @ opposite-lock.com 04/21/2014 at 23:23

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*Cough*2004WRXSTI*Cough*

http://www.autotrader.com/cars-for-sale/…

Chuck 2(O=[][]=O)2 > vdub_nut: scooter snob 04/21/2014 at 23:26

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That was my plan, but although it's a 2005, it was sold in 2004.

offroadkarter > davesaddiction @ opposite-lock.com 04/21/2014 at 23:27

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ask this question next year and my reply will be 2005 ford GT. They'e basically doubled in value.

shpuker > davesaddiction @ opposite-lock.com 04/21/2014 at 23:29

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Wrangler sits around 70-80%

R32 sits around 65-70%

STI sits around 60-65%

Probably your top three.

davesaddiction @ opposite-lock.com > PetarVN, GLI Guy, now with stupid power 04/21/2014 at 23:30

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That's crazy. Amazing, if that's really what they sell for.

Chuck 2(O=[][]=O)2 > davesaddiction @ opposite-lock.com 04/21/2014 at 23:31

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BMW Z8, negative depreciation. Yay I win!

davesaddiction @ opposite-lock.com > Chuck 2(O=[][]=O)2 04/21/2014 at 23:35

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Nice one! Definitely has a slot in my dream garage. Your cookie is in the mail.

Calendar year - U.S sales

2000 - 317

2001 - 970

2002 - 524

2003 - 439

2004 - 110

2005 - 17

2006 - 5!!!

vdub_nut: scooter snob > Chuck 2(O=[][]=O)2 04/21/2014 at 23:37

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You... I like you.

PetarVN, GLI Guy, now with stupid power > davesaddiction @ opposite-lock.com 04/21/2014 at 23:39

1

Low-mile examples cost this much.
Higher mile ones are a few grand cheaper.
still yet to see sub $20K examples appear regularly in god shape, though

davesaddiction @ opposite-lock.com > offroadkarter 04/21/2014 at 23:46

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Yup. How awesome would it be to be the guy who scraped together enough money to just afford your dream car, buy it new, and then watch as is continues to increase as value as you drive it?

offroadkarter > davesaddiction @ opposite-lock.com 04/21/2014 at 23:47

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almost as good an investment as if you were to buy apple stock 20 years ago

its probably the only ford in the past 30 years that has gone up in value over MSRP.

Chuck 2(O=[][]=O)2 > vdub_nut: scooter snob 04/21/2014 at 23:48

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Yay

davesaddiction @ opposite-lock.com > offroadkarter 04/21/2014 at 23:50

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Dude... I bought a PowerMac G5 in 2003 and I just recently calculated what that would have been worth today if I'd bought Apple stock at the time instead. It was ~$200k. Hindsight is a cruel bitch.

sm70- why not Duesenberg? > davesaddiction @ opposite-lock.com 04/21/2014 at 23:57

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As far as non-exotics go? The Mercedes G500.

It was cost $73,000 when new.

Ten years later? Still worth close to 40k .

More realistically, high-end HD pickups like this and this still sell for decent money (although I get the feeling that these ones may be CP)

offroadkarter > davesaddiction @ opposite-lock.com 04/21/2014 at 23:58

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think of how many powermac G5's you could buy now with 200 grand.

Flat Six > davesaddiction @ opposite-lock.com 04/21/2014 at 23:58

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Yeah, they are similar. Both can die of IMS failure.

davesaddiction @ opposite-lock.com > offroadkarter 04/22/2014 at 00:15

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I prefer not to think about it.

YSI-what can brown do for you > davesaddiction @ opposite-lock.com 04/22/2014 at 00:40

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Ford GT. It has negative depreciation ;)

Manuél Ferrari > promoted by the color red 04/22/2014 at 01:03

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My friend once bought a Tacoma stripper for $10K new. He woke up early and saw a dealer ad for a sale that said "1 at this price". He left the house right away and sure enough the car was actually there.

He drove it for 5 years and sold it for $10K :)

Manuél Ferrari > Saracen 04/22/2014 at 01:07

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And what's crazy about that is that you know those used ones for sale have been tracked. I don't care if the ad says "never been tracked". The original GT3 wasn't that well known outside of the track junky circles so most of them were actually tracked. It became more well known by the 997 version so more of them were used purely as road cars. But I would never trust a 996 GT3 to never have been tracked unless it was one owner and I knew and trusted the owner.

Manuél Ferrari > davesaddiction @ opposite-lock.com 04/22/2014 at 01:08

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I don't trust that cookie!

Manuél Ferrari > davesaddiction @ opposite-lock.com 04/22/2014 at 01:10

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But you said no exotics. To me the Ford GT was an exotic. It was rare enough, cool enough and expensive enough to be considered an exotic. I don't think a car needs to have a specific badge to be considered an exotic.

Manuél Ferrari > davesaddiction @ opposite-lock.com 04/22/2014 at 01:11

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Don't remind me... I remember back in 2004 I got my first Mac and considered buying stock. I could have afforded to buy a few grand worth of stock and just let it sit there. But I was lazy.

Then in 2007 when the iPhone launched I thought about it again. But then I was lazy again.

Ugh...

TurboSloth > davesaddiction @ opposite-lock.com 04/22/2014 at 06:58

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I know its a bit older than 10 years, but the mk IV Supra.

willkinton247 > Chuck 2(O=[][]=O)2 04/22/2014 at 08:14

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It blows my mind that the Ford GT was only 140K when it came out.

davesaddiction @ opposite-lock.com > Manuél Ferrari 04/22/2014 at 08:42

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I actually did buy some at $185 and sold it when it had doubled - guess I should have held on all the way to $700!

davesaddiction @ opposite-lock.com > Manuél Ferrari 04/22/2014 at 08:43

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Yeah, I agree with this. Was it a limited production run, though?

bill19696 > Manuél Ferrari 04/22/2014 at 08:57

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That's bad@ss. I bought a two year old loaded Grand Cherokee in 2008 for $11K with 22k miles. I traded it in a year later and got $15K for it.