Focus Fanatics - View Single Post - 2012 Focus is NOT holding value
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Old 09-16-2012, 02:12 PM   #51
hand-filer
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Join Date: Oct 2011
Fan#: 90895
Location: Wpg, Canada
What I Drive: One less Ford

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Quote:
Originally Posted by pozi240 View Post
It must be a US thing, the Canadian KBB values are pretty good, at least I thought they were respectable and better than the competition anyway. Besides, if you purchase a car solely based on resale, you're never going to be happy with your purchase....
Don't go by KBB. According to KBB my Focus is worth 21,500 - 23,500.
According to two dealers I have had it appraised at, it's worth 18,000.
That's for a loaded 5 door titanium with 7,500km. And its in mint shape.
Your car is worth what the market will bear and in the case of the Focus, not much.
Cars in general are a poor investment. Unfortunately the Focus becomes junk bond status a little sooner than most.
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