Originally Posted by Altis
Not sure if it's been mentioned yet, but it's normal for American cars to hold their value less than Japanese cars, for example. However, I did get around $5k off sticker and 0% financing or so, compared with Honda, who wanted to charge 3.9% interest and would barely take off $1k from sticker.
In the end, it kind of balances out, IMHO. Cars aren't investments... I'd happily deal with lower resale value as an extra sort of cost of owning a Focus over something like a Civic or Corolla...
But, lower resale value from what original price? Your losing money, but how much from purchase price? Honda firstname.lastname@example.org
with 5 year trade in of 15750.00 compared to a focus at @24900.00 with a 14900.00 trade in. Focus has lower trade in value, but loses less money. Who has the better deal? The focus carries a higher residual value than the civic, even though the figure was 850.00 lower. Focus was the better deal.