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Old News, Good News: Resale Value

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Old Nov 29, 2006 | 06:00 AM
  #1  
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sequence
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From: Your Worst Nightmare :)
Old News, Good News: Resale Value

I post this for the NOOBs out there who may wonder why MINI commands top prices. Again, the MC is at the top of resale value, or percentage of depreciation after 5 years (retaining 52%.) It's at the top of hatchbacks, and also leads all the other top 9 brands and sizes. So those of you who harp about paying MSRP (or more) there is another side to this.

http://www.cnn.com/2006/AUTOS/11/27/...lue/index.html
 
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Old Nov 30, 2006 | 06:13 AM
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From: Your Worst Nightmare :)
gee, last time i'll post anything like this in first gear i guess in the contect of production weeks and build questions resale value is irrelevent.
 
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Old Nov 30, 2006 | 09:10 AM
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ProfessorDave
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From: Clarks Summit, PA
Seems relevant to me (although it would also fit in MINI Talk).

Given this news about resale value, I'd like to put my 2003 MC up for sale for $42,000!
 
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Old Nov 30, 2006 | 09:41 AM
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From: Your Worst Nightmare :)
PD I put in FG because, at least in the past, NOOBs have always questioned resale value and MINIs. Maybe now it's not that big of a deal anymore. However, as a former car sales manager, I'm always impressed when a car depreciates less that 10%/year over a five year period. It was one reason I picked the MINI.
 
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Old Nov 30, 2006 | 09:43 AM
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clarkdr81
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From: Arlington, VA
As a still relatively new MINI owner I'm thrilled that the depreciation is remaining very low!
 
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