What's a depreciation?

Kinja'd!!! "Joe_Limon" (Joe_Limon)
02/12/2014 at 12:37 • Filed to: None

Kinja'd!!!1 Kinja'd!!! 14

Depreciation, she's a magical beast. Some times I get awestruck by it's power... then I wonder how these people feel about losing all those dolla dolla bills yo.

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DISCUSSION (14)


Kinja'd!!! Casper > Joe_Limon
02/12/2014 at 12:41

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They can't feel too bad. At some point they determined the "new car" experience was worth the depreciation. Hopefully it was really worth it to them and they were able to turn around and happily sell their vehicle for whatever it's currently worth to do so again.


Kinja'd!!! Rico > Joe_Limon
02/12/2014 at 12:44

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It's because Escalades just don't age well at all. Cadillac has this magical power that when they release a new Escalade the previous generation looks 10 years older than it's supposed to. Seriously now I see old Escalades that I loved seeing when I was younger and reel in disgust.


Kinja'd!!! Party-vi > Joe_Limon
02/12/2014 at 12:44

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Probably has nothing to do with mileage.

>.>

<.<


Kinja'd!!! Frank Grimes > Joe_Limon
02/12/2014 at 12:50

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Just buy a tahoe. save even more.


Kinja'd!!! Joe_Limon > Frank Grimes
02/12/2014 at 12:53

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Dat 2008 Tahoe...

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Kinja'd!!! MontegoMan562 is a Capri RS Owner > Party-vi
02/12/2014 at 12:56

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lol, like i said in a different comment, could you imagine paying 23k for 151,000 miles?! Or even basically 40k for 118,000????!!!


Kinja'd!!! Frank Grimes > Joe_Limon
02/12/2014 at 12:58

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I6 powah. Rare option.


Kinja'd!!! Rico > MontegoMan562 is a Capri RS Owner
02/12/2014 at 13:02

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km*


Kinja'd!!! MontegoMan562 is a Capri RS Owner > Rico
02/12/2014 at 13:02

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yeah OP got me on that one already.


Kinja'd!!! Mattbob > Party-vi
02/12/2014 at 13:23

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kilometerage perhaps? is that a thing?


Kinja'd!!! Party-vi > Mattbob
02/12/2014 at 13:29

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Hmm. Sounds un-American and vaguely threatening.


Kinja'd!!! HammerheadFistpunch > Frank Grimes
02/12/2014 at 13:43

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was the Atlas I6 REALLY an option on Canadian market GMT800's? if so...amazing. it wouldn't really be that bad.


Kinja'd!!! 911e46z06 > Joe_Limon
02/12/2014 at 14:18

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I saw a newish S65 recently, maybe on Oppo, that had depreciated $2 for every mile on the clock.


Kinja'd!!! Joe_Limon > 911e46z06
02/12/2014 at 14:21

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One of the old guys that I worked with bought a brand new motor home for near a million dollars. By the time he sold it he took it out maybe four or five times and sold it around $200k...