![]() 02/14/2015 at 12:10 • Filed to: None | ![]() | ![]() |
So this autoblog article state the Land Rover Range Rover appreciates 3.3% after the first year.
Or am missing something?
![]() 02/14/2015 at 12:15 |
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Man what pipe are they taking a hit from
![]() 02/14/2015 at 12:17 |
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I think for these, demand > supply.
![]() 02/14/2015 at 12:23 |
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The first year, yes. But they fail to mention that it's something like 60% the next year.
![]() 02/14/2015 at 12:27 |
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For the new ones I believe it. Every dealer has a waitlist for them. I bet you could buy one brand new and sell it in a year for basically what you paid for it.
When the new body style becomes old THEN they depreciate off of a cliff. But when it's still new they hold their value.
![]() 02/14/2015 at 12:44 |
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so people are buying last year's model for 3% more than new due to demand? What is wrong with wealthy Americans?
![]() 02/14/2015 at 12:45 |
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That's what I was thinking.
![]() 02/14/2015 at 12:53 |
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Yeah, I thought that was pretty funny too.
![]() 02/14/2015 at 13:42 |
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From their perspective, probably nothing.