So your deal was closer to $0.50/mile depreciation.
Originally Posted by BryanCO
What Ard said. Our 2011 msrp was mid 64's, bought it 9 months old (as new condition) with about 11k miles for a bit under 50k.
MSRP $64k - $10k (rebates/$500 over invoice) = $54k original purchase price
$54k - $5-6k ($0.50/mile) = $49-48k.
Is that fair?
Rover - 2013 Holden Commodore SV6 Sedan
Clark - 2013 Holden Commodore Sport SV6 Wagon