A used Prius, which originally sold for much less, is worth more.[/quote]
Interesting.
This, I have no problems with !
Brian, I have to admit since you have turned over a new leaf of avoiding the political bitch-wars, your posts are much more insightful – all around. I actually stop and think about your posts now.[/quote]
+2… Definitely…. dig the new brian…
Brian, those higher end estate coach cars depreciate fast because people that drive those typically lease and do a lease return at the end of it…and/or trade in pretty quickly. There’s the prestige factor of getting the latest and greatest if there is a redesign. So for example, the S430 is on the older body style, it’s will sell considerably less than the newer body style S class. I don’t think it has to do with the gas mileage as much as that point, since I think the last thing folks consider who buy/ease in this category is how much gas mileage is or how much insurance is going to be )…BMW M3’s don’t depreciate nearly as quickly and those are pretty guzzling (though not quite as much).
Toyota’s and honda’s in general hold up better in value due to perceived reliability of being better used. Prius gets an added bonus for being a hybrid, since hybrid is so envogue. But once these come into mainstream (if they do), the extra premium for hybrid will go away….Also, there’s the german reliability factor. German cars do not hold up value very well, with the exception of special “performance” vehicles.
