Anyone diesel truck shopping?
#22
Thread Starter
LS1Tech Co-Founder
iTrader: (38)
Joined: Nov 2001
Posts: 32,987
Likes: 48
From: Houston, TX
Originally Posted by RyanJ
Let me ask for real though (and we can take this to PM if you want), by buying and selling every year, are you breaking even at all on any of these cars? Seems like you buy, dump $, then sell. I don't know what prices you get or what you put down, but due to depreciation it seems like, logically, (on the surface anyway) that you're losing money each time.
No, I wouldn't recommend buying a new vehicle every year, you probably lose an easy 5-10% of the MSRP value doing so. I can usually beat them up on buying price at the front to knock that down a few points though.
But, I make my money back on the collectible/musclecars