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Old 09-16-2012, 07:41 PM   #61
jdetzel
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Quote:
Originally Posted by blank102 View Post
Please to find me an American made car that holds its value?
Of course someone has already said they are not reliable but KKB has a list of 10 used cars that you should buy new because the used resale value is so high. Surprisingly enough 3 of them are American.
http://www.kbb.com/car-reviews-and-n...electedindex=0

I think although they may not be the final word, KBB and NADA are useful tools for establishing values.
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Old 09-16-2012, 07:42 PM   #62
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Originally Posted by Visioned View Post
There is a reason 90% of Toyota and Honda cars don't need an engine rebuild or other major repairs for 200k miles.
Verifiable numbers or based off 'he said she said' anecdotal evidence that leads to confirmation bias?


Quote:
Originally Posted by blank102 View Post
Please to find me an American made car that holds its value?
Well...

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Old 09-16-2012, 07:48 PM   #63
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Here is another list from Kiplinger 12 Best Resale Value Cars 2012, guess what the Focus is the first one up.
http://www.kiplinger.com/slideshow/b...rs-2012/1.html
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Old 09-16-2012, 07:51 PM   #64
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Well...

[/QUOTE]

Nice
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Old 09-16-2012, 07:52 PM   #65
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Originally Posted by Elizabeth View Post
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.
And yes
Not sure what's exactly so funny...


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Originally Posted by jdubhack View Post
When I buy a car I buy it for a purpose.

1.) I love it.
2.) I'm going to keep it for the long run.
3.) It's an investment.

When you approach it that way it doesn't matter what it's worth in year to a dealership or private party, because it's yours. Just my .02. Good luck with yours.
With depreciation, a car is not an investment. And can never be. One can only hope the manufacturer makes it properly, and doesn't toy around with "planned obsolescence". Of course, does a company think of its customers' well being or potential company profit?
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Old 09-16-2012, 08:45 PM   #66
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its just a number on a web site, its doesn't mean that if you trade the car in right now that is the maximum and/or minimum value that you would get.

When looking at used car prices on KBB for the last year I found all the numbers to be highly inflated. So I wouldn't put much stock in the numbers, they are just a guide.
Agreed, but dealers check the site for trade-in value, as do many people for resale value.

My car stickered for just under $30k...and here I am almost 18 months later and KBB says my car is now worth $16k. I've dropped almost half in a year and a half...what??
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Old 09-16-2012, 08:58 PM   #67
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Quote:
Originally Posted by unfocused1 View Post
Not sure what's exactly so funny...




With depreciation, a car is not an investment. And can never be. One can only hope the manufacturer makes it properly, and doesn't toy around with "planned obsolescence". Of course, does a company think of its customers' well being or potential company profit?


An investment is something that will make you money or hold it's value against inflation. A car is a "tool" that you use to get around, etc. It will lose it's value and eventually need replacing.
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Old 09-16-2012, 09:08 PM   #68
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It's very true, the depreciation on this car was a lot more than I thought it would be as well. I was trading my SE sport 5 spd in on an ST and the dealer kept dropping his number by a 1000 every month. Luckily I sold it to an individual and made out a little better, but you have to be patient for that. But this is only my second Ford and the first one was a Fiesta which was low priced to begin with.

I think that with this car, it's 2 things bringing it down.
1.The previous Focus; the '12 has configurations that are significantly more expensive than the previous focus, but after depreciation all of the bean counters assign similar values to them because people won't pay the big jump from an 11 to a 12.
2. The range of pricing and options, you can get a $16K focus and you can get a $28K focus.

A perfect example.
My wife has an '09 Chrysler Town and Country, there are versions of the T&C that are $19K and there are versions that are versions that are $42K. Now, 3 years later and the one that was worth $19K is now $14K and the one that was $42K is around $18K.
Sadly we bought the latter, but we knew going into it that was going to be the case, so we got what we wanted and agreed we would drive it until the wheels fell off, and even then we would put them back on and see what else would fall off.

Sadly you just never get your money back on options, so if you plan to sell quickly, better get one stripped as when people look at used cars, they see the base price, options be damned.

I've been playing this game for quite some time and even I was shocked at how quickly the focus dropped, but I was lucky that I bought an SE with sport package instead of a Ti with 5spd because if I had tried to get out from underneath a Ti and into an ST, I would probably have lost another 5K.

I really agree with jdubhack, you gotta keep it for the long run or be so in love with it that you're willing to dump it and take the loss.

There are very few vehicles that really hold thier value to the point of being able to trade them in every year or two. Those being vehicles like, Toyota Tacomas, Jeep Wranglers and to a lesser extent now, Mini Coopers. Even then you'll make another $2-4K by selling them outright before moving onto the next.
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Old 09-16-2012, 09:25 PM   #69
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Quote:
Originally Posted by jdubhack View Post
When I buy a car I buy it for a purpose.

1.) I love it.
2.) I'm going to keep it for the long run.
3.) It's an investment.

When you approach it that way it doesn't matter what it's worth in year to a dealership or private party, because it's yours. Just my .02. Good luck with yours.
I agree! I'm hoping to have this car for 5+ years! Current resale doesn't bother me too much, but it definitely sucks to see this happening.

My girlfriend just traded her 2010 Nissan Sentra 2.0 S in for $11,000 .... pretty basic car she bought for $15,000 3 years ago. No way I could do that a with my 2012 SEL I got (msrp 24k, paid 20k).
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Old 09-16-2012, 09:26 PM   #70
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Just noticed Ford has upped the rebate on a 2012 from $1,500 to $2,000. Now even if there are no 2012 models to buy that extra $500 will come right out of your pocket if you were to try and trade this soon.
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