Quote:
Originally Posted by MetroMPG
(FYI, the new Corvette Stingray holds the most of its value at 84.7%.)
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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.