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more like $12k loss when trading-in. But the car mileage is low.
When calculating lease payments, even GMAC assumes about 50% depreciation for Regal after 36 month / 36k miles. I forgot, was it 49% or 51%. For other W-body cars the depreciation is even worse.
This morning received a e-mail message from Buick, offering a $400 coupon toward a new 2001 Buick, if it will be bought this week. On top of the current $1000 rebate and/or most other available incentives. Cannot be combined with other Internet or direct-mail coupons, though.
For me this is not relevant: already bought a new Regal in October. The second car, a 98 Malibu, with 39k miles, also is fairly new.
Though, it may be useful for the readers who are planing the purchase. FYI, the Internet coupon is available here:
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