Timeline for Does the cost of an auto lease depend on anything other than depreciation?
Current License: CC BY-SA 4.0
8 events
when toggle format | what | by | license | comment | |
---|---|---|---|---|---|
Feb 25, 2022 at 16:16 | comment | added | DJClayworth | What this chart might be is the purchase price of a car of the given age from a dealer, and specifically the price of used cars of the given age right now.. That's unfortunately different from what you would get for the car if you sold it in N years time, especially given the hugely inflated prices of used cars right now. | |
Feb 25, 2022 at 16:14 | comment | added | Joshua Frank | @DJClayworth I thought it sounded high, but it seemed so authoritative. Do you know a way to get more reliable numbers? I don't want to have to go through the entire process of choosing a vehicle, negotiating the price, and securing financing before finding out what the real numbers are. | |
Feb 23, 2022 at 20:21 | comment | added | JTP - Apologise to Monica♦ | @DJClayworth - Exactly. Nearly 50% just after 3 years, in my real life example. Even with low miles. | |
Feb 23, 2022 at 19:26 | comment | added | DJClayworth | There is something very wrong with that chart. No way is a ten year old car worth 40% of the new price. | |
Feb 23, 2022 at 15:59 | history | edited | Joshua Frank | CC BY-SA 4.0 |
Added an example to clarify the question.
|
Feb 23, 2022 at 15:30 | answer | added | D Stanley | timeline score: 3 | |
Feb 23, 2022 at 15:30 | answer | added | JTP - Apologise to Monica♦ | timeline score: 3 | |
Feb 23, 2022 at 15:07 | history | asked | Joshua Frank | CC BY-SA 4.0 |