BigDaddyZ28

I knew the minute I drove off the lot with my Z that it would be worth less money than what I owed on it, but ALL of my 'Chevy Lovin Buddies' swore up and down that a chevy would retain it's value better than most in the long run.

It's now 3 years (and 36 payments) later and I still want to every time I go to KBB.com to see @ what it is worth.

How can the value of my Z drop so fast when I take such good care of it and keep the miles down on it?

Weezzer

Go to NADA.com and look there, I'll bet the value listed is much more than on kbb.
It wasn't long ago I looked at both and if I recall right, kbb said it was worth like 24 k while nada said it was worth 30k.
Go figure.
Hopefully its somewhere in the middle - LOL

luvmeZ28

iTrader: (3)

mine is still worth more than i payed for it, but i bought it used.

there are very few cars that you can buy new that you wouldnt end up losing money on if you tried selling it off after a year or two. most cars depreciate terribly.

KrazyDan

stop checking what is worth and enjoy driving it.

luvmeZ28

iTrader: (3)

RDeputy150

iTrader: (2)

rebersole2

You are not alone.

demonspeed

iTrader: (7)

That's called buying and selling cars. It's life and it'll never change.

I find it amusing that your friends would tell you a Chevrolet of all things would retain its value longer than other vehicles.

2001z

iTrader: (32)

i agree dirve that baby . who cares what it is worth all cars loose value soon as you pull off the lot

superGMman

I think the wisest piece of information my dad told me was that whatever money you spend towrds a car expect to lose it because a car is the worst investment you can possibly make, unless you by a classic.