Originally Posted by Elizabeth
If that is the reason you bought it.. to be able to sell it for a lot.. You were crazy to start with.
Ford has NEVER had a good resale value except the high performance models.
Secondly, You ALREADY lost the value. So you're going to shoot yourself in the foot and sell it just because theoretically it will be worth even less?
Dude, You ALREADY lost that money, selling it just puts salt into your wound.
Well sure it's an investment... but at the end of the line when you decide to trade up or sell to get a newer vehicle, it's nice to know the car holds it's value well...
As I stated... my Mazdaspeed 3, a car easily outdone by my Focus in fit & finish and especially interior quality, that had been modded to hell and back, still got $16,000 after 3 years and 35,000 miles, AND an accident on record.
My Focus after a year is already down to $15,000 for perfect condition on KBB and it had an almost identical sticker price???
I love my car and I'm not going to sell it because of the resale value... but as you said it's an investment, and I like to get the maximum return on my investments at the end. So, sure, the fact that I love my car is great, but the fact that it's also losing value so rapidly... not great.