Ya, doing the math with the 'Ard' formula, we would be about $0.45/mile. For us, used made more sense as I could'nt find 10k off around CO or neighboring states and used made it easier for us to purchase and lic it in such a manner to avoid tax. Also, our upper price limit was $50k and made the trade off between slightly used or a base new (and getting to $50k still didn't look likley).
Originally Posted by jashearer
So your deal was closer to $0.50/mile depreciation.
MSRP $64k - $10k (rebates/$500 over invoice) = $54k original purchase price
$54k - $5-6k ($0.50/mile) = $49-48k.
Is that fair?
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