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Depreciation: Foreign vs Domestic Vehicles
It might not make much sense unless you realize it allows the money guys at GMAC (and Ford and Chrysler) to finace their highly discounted vehicles and use the rebate as a down payment.......essentially their creating no-down-payment vehicles that qualify way more buyers. Perhaps to their credit, the foreign makers don't seem use this creative financing. Good or bad it makes American vehicles appear to depreciate like crazy.
Seat-of-the-pants experience, my two Toyotas (an '00 Solara and an '01 Sienna, both loaded up) were the worst "stinkers" I've owned, re-sale-wise.......both close to 35% below my buy prices after 2 years. My buy price vs resale after 2 years on a '94 Jeep GC....20%, '96 Tahoe....19%, and '98 Expedition....20%. I suggest you watch the bottom line and ignore the hype.