Which car depreciates the slowest?
- Thread starter George The Curious
- Start date
The wrangler is a niche car at best. If you think you will use it for off roading and what not then great. But for most people they will never do that and thus simply pay for the name.
But that's big too I suppose, I am not a car guy but I can see why someone would pay a premium to have a horse or bull on their sports car.
Most of the cars suggested in this thread are misleading. Sure maybe some high end car depreciates slower but you have to pay an enormous price upfront to enjoy the slow depreciation. Meanwhile for far less money you could buy a reliable car that will outlast that high end car and when you drive it into the ground you will still have money left over to buy another car.
Some people spend 6 figures on a car hoping to get their dick sucked. I spend 100 to 200 to get my dick sucked every time.
But that's big too I suppose, I am not a car guy but I can see why someone would pay a premium to have a horse or bull on their sports car.
Most of the cars suggested in this thread are misleading. Sure maybe some high end car depreciates slower but you have to pay an enormous price upfront to enjoy the slow depreciation. Meanwhile for far less money you could buy a reliable car that will outlast that high end car and when you drive it into the ground you will still have money left over to buy another car.
Some people spend 6 figures on a car hoping to get their dick sucked. I spend 100 to 200 to get my dick sucked every time.
Also has anyone looked at the maintenance cost of those high end cars? I think I once read that certain Lambos could cost you 5 figures a year to maintain and you can't even drive it the whole year in Canada.
BMW has a certain appeal to it as they have the promotion where maintenance is free.
But again you could buy a cheaper car that will last longer.
BMW has a certain appeal to it as they have the promotion where maintenance is free.
But again you could buy a cheaper car that will last longer.
Since that $18,000 is more like $140,000 today, who's going to spend that kind of coin in the hopes it will be worth more in 50 years?This one, the 1962 Ferrari GTO Berlinetta, original price tag $18,000. One just recently sold for $38 million.
With the exception of collectors items from years ago that can appreciate in value due to rarity, none of those high end cars can beat a Tacoma pickup truck for slow depreciation, and a base model Tacoma can be had inexpensively. Same is true of any of the popular models of trucks: they are built tougher and they last forever. A Tacoma can also go anywhere off-road a wrangler can, with the exception of the steepest gullies. They were designed to drive around a farm as an everyday job, without a buddy with a winch nearby to rescue them.
I read an article a few years back that the most popular car for Americans earning over $1mil/year was a Ford pickup (probably some "buy American" mentality at that income bracket).
The pickup trucks won't impress with bling but they are the kings of slow depreciation and practicality and not everybody with money wants to drive around looking like a drug dealer.
I read an article a few years back that the most popular car for Americans earning over $1mil/year was a Ford pickup (probably some "buy American" mentality at that income bracket).
The pickup trucks won't impress with bling but they are the kings of slow depreciation and practicality and not everybody with money wants to drive around looking like a drug dealer.
I don't know about the others but Bentley's do not have good resale value.If I had to define a law about these things, I would say that the faster you can safely drive a car, the slower it depreciates, percentage wise... Ferraris, Maseratis, Rolls Royces, Bentleys, Maybacks, etc.
In fact, many of these cars will appreciate... which, again, shows why money goes to money!
Perry
Fuji, I totally agree with you that the 2 door wrangler is not a practical vehicle, or more accurately not as practical as competing vehicles. You drive a tacoma, and if I had a choice now between a tacoma vs a 2 door wrangler, I would get the tacoma.
The real utility of a 2 door wrangler is when you are in your early twenties, you can not afford a pussy magnet car like a bmw, so you look around for what is available for 25k-30k new, your best option is a 2 door wrangler for a new car.
The real utility of a 2 door wrangler is when you are in your early twenties, you can not afford a pussy magnet car like a bmw, so you look around for what is available for 25k-30k new, your best option is a 2 door wrangler for a new car.
Warning...The BMW X6 has numerous problems. With that money buy something else. Trust me I know this car. :Cry:
For the record I don't drive a Tacoma because I didn't base my buying decision on resale value. I picked a vehicle that is practical in other ways.
But if my criteria were resale value and practicality and off-road capability, I would either buy a Tacoma or something based on it like a 4runner, FJ, Lexus GX, or Land Cruiser, all of which are based on the same Prado Land Cruiser platform shared with the Tacoma.
Lease is not a good option of your job requires any sort of travel
Most modern leases have insanely low km allowances
Reggie Jackson recently splashed out $300,000.00 for a 1950 Ferrari 212 Barchetta. That must mean that Neil Peart's 1949 classic Barchetta should be worth much more.
When talking about car depreciation, if you keep the car for over 3 years then you should take maintenance costs into account.
I usually go to the source: Consumer's Report.
http://www.consumerreports.org/cro/news/2013/02/most-and-least-expensive-cars-to-own/index.htm
I usually go to the source: Consumer's Report.
http://www.consumerreports.org/cro/news/2013/02/most-and-least-expensive-cars-to-own/index.htm
