View Single Post
Old 01-05-2015, 10:51 AM   #13 (permalink)
MetroMPG
Batman Junior
 
MetroMPG's Avatar
 
Join Date: Nov 2007
Location: 1000 Islands, Ontario, Canada
Posts: 22,534

Blackfly - '98 Geo Metro
Team Metro
Last 3: 70.09 mpg (US)

MPGiata - '90 Mazda Miata
90 day: 54.46 mpg (US)

Appliance car Mirage - '14 Mitsubishi Mirage ES (base)
90 day: 57.73 mpg (US)
Thanks: 4,082
Thanked 6,979 Times in 3,614 Posts
Quote:
Originally Posted by MetroMPG View Post
(FYI, the new Corvette Stingray holds the most of its value at 84.7%.)
I just realized that this "best" car for retained value actually lost more cash value in year 1 than the "worst" car.

Corvette Stingray starts at $52,745 + $1725 for the automatic (spec of the "top" car noted).

84.7% of that is $46,136.

That represents depreciation of $8,334.

By the end of year 2, the Vette might have depreciated by more than the total MSRP of a base Mirage.
__________________
Project MPGiata! Mods for getting 50+ MPG from a 1990 Miata
Honda mods: Ecomodding my $800 Honda Fit 5-speed beater
Mitsu mods: 70 MPG in my ecomodded, dirt cheap, 3-cylinder Mirage.
Ecodriving test: Manual vs. automatic transmission MPG showdown



EcoModder
has launched a forum for the efficient new Mitsubishi Mirage
www.MetroMPG.com - fuel efficiency info for Geo Metro owners
www.ForkenSwift.com - electric car conversion on a beer budget
  Reply With Quote