The Truth About Cars » Depreciation http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 04 Feb 2016 19:30:15 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Depreciation http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Doug Drives: No, Your ‘Rare’ Car Isn’t Going To Shoot Up In Value http://www.thetruthaboutcars.com/2016/01/doug-drives-no-your-rare-car-isnt-going-to-shoot-up-in-value/ http://www.thetruthaboutcars.com/2016/01/doug-drives-no-your-rare-car-isnt-going-to-shoot-up-in-value/#comments Fri, 29 Jan 2016 16:00:07 +0000 http://www.thetruthaboutcars.com/?p=1275921 I wish I had $100 for every time someone told me their rare car was going to shoot up in value. If I did, I would invest it in the stock market, which is something that actually might shoot up in value. Their rare car, of course, will stay behind, largely due to the old […]

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I wish I had $100 for every time someone told me their rare car was going to shoot up in value. If I did, I would invest it in the stock market, which is something that actually might shoot up in value. Their rare car, of course, will stay behind, largely due to the old […]

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Junkyard Find: 2000 Volvo S80 T6 http://www.thetruthaboutcars.com/2015/08/junkyard-find-2000-volvo-s80-t6/ http://www.thetruthaboutcars.com/2015/08/junkyard-find-2000-volvo-s80-t6/#comments Wed, 26 Aug 2015 11:00:43 +0000 http://www.thetruthaboutcars.com/?p=1152257 I promised more 21st-century Junkyard Finds recently, so here’s a high-end Volvo with turbo boost rivaled only by its turbocharged depreciation levels. Yes, it’s the Volvo S80, complete with twin-turbo 286hp tranverse-mount straight-six. Looks like an insurance-auction car, and it was a runner. Except for the banged-up hood (which may have been the result of […]

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I promised more 21st-century Junkyard Finds recently, so here’s a high-end Volvo with turbo boost rivaled only by its turbocharged depreciation levels. Yes, it’s the Volvo S80, complete with twin-turbo 286hp tranverse-mount straight-six. Looks like an insurance-auction car, and it was a runner. Except for the banged-up hood (which may have been the result of […]

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Hammer Time: Flying Is The Devil’s Work http://www.thetruthaboutcars.com/2015/08/hammer-time-flying-devils-work/ http://www.thetruthaboutcars.com/2015/08/hammer-time-flying-devils-work/#comments Tue, 25 Aug 2015 13:00:48 +0000 http://www.thetruthaboutcars.com/?p=1143233 4 a.m. The alarms clocks ring. Both of them. Just in case I get any funny ideas. I go through the semi-conscious motions. Clothes… suitcase… glasses… coffee… breakfast. By 4:15 a.m, I’m out the door and driving to the airport in a 21-year-old Geo Prizm. I figured that a 5-speed and a stark lack of […]

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4 a.m. The alarms clocks ring. Both of them. Just in case I get any funny ideas. I go through the semi-conscious motions. Clothes… suitcase… glasses… coffee… breakfast. By 4:15 a.m, I’m out the door and driving to the airport in a 21-year-old Geo Prizm. I figured that a 5-speed and a stark lack of […]

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Junkyard Find: 1998 Audi A8 http://www.thetruthaboutcars.com/2015/08/junkyard-find-1998-audi-a8/ http://www.thetruthaboutcars.com/2015/08/junkyard-find-1998-audi-a8/#comments Mon, 03 Aug 2015 11:00:06 +0000 http://www.thetruthaboutcars.com/?p=1130265 I see so many stunningly depreciated German luxury cars in pretty nice condition at the cheap self-service wrecking yards that they don’t register in my consciousness much more than your typical Sebring or Sephia. These days, though, I’m making an effort to notice such cars, since it seems that many of you thought this big […]

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I see so many stunningly depreciated German luxury cars in pretty nice condition at the cheap self-service wrecking yards that they don’t register in my consciousness much more than your typical Sebring or Sephia. These days, though, I’m making an effort to notice such cars, since it seems that many of you thought this big […]

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Piston Slap: When to Drop Full Coverage Insurance? http://www.thetruthaboutcars.com/2015/04/piston-slap-drop-full-coverage-insurance/ http://www.thetruthaboutcars.com/2015/04/piston-slap-drop-full-coverage-insurance/#comments Wed, 15 Apr 2015 12:23:13 +0000 http://www.thetruthaboutcars.com/?p=1042041   N.C. writes: Sajeev, We have 5 cars and 4 drivers. My wife and I drive the three oldest vehicles: 2003 LS430, 2005 Z4, and 2000 Frontier. My question is regarding collision insurance on the Lexus and the BMW. I currently carry full coverage on both and am considering dropping collision coverage to save money. […]

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  N.C. writes: Sajeev, We have 5 cars and 4 drivers. My wife and I drive the three oldest vehicles: 2003 LS430, 2005 Z4, and 2000 Frontier. My question is regarding collision insurance on the Lexus and the BMW. I currently carry full coverage on both and am considering dropping collision coverage to save money. […]

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Piston Slap: The Looooooong Cult of Panther Love? http://www.thetruthaboutcars.com/2014/11/cult-of-panther-love/ http://www.thetruthaboutcars.com/2014/11/cult-of-panther-love/#comments Mon, 24 Nov 2014 13:48:08 +0000 http://www.thetruthaboutcars.com/?p=948985   TTAC Commentator Nick 2012 writes: Archangel of the Panther Platform – A nice looking 2005 LWB Lincoln Town Car with only 107,000mi popped up for sale at a nearby dealer with a what-I-hope-to-be-optimistic $8,000 asking price. As any follower of the good book of fat Panther Love(tm), I keep my eye out for a […]

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  TTAC Commentator Nick 2012 writes: Archangel of the Panther Platform – A nice looking 2005 LWB Lincoln Town Car with only 107,000mi popped up for sale at a nearby dealer with a what-I-hope-to-be-optimistic $8,000 asking price. As any follower of the good book of fat Panther Love(tm), I keep my eye out for a […]

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Piston Slap: The Luxury Sedan Fanboi Fallacy http://www.thetruthaboutcars.com/2014/06/piston-slap-the-luxury-sedan-fanboi-fallacy/ http://www.thetruthaboutcars.com/2014/06/piston-slap-the-luxury-sedan-fanboi-fallacy/#comments Mon, 02 Jun 2014 11:58:13 +0000 http://www.thetruthaboutcars.com/?p=835145 Earl writes: Hi Sajeev, My wife wants me to sell our pristine, time-capsule 90 Cressida for a 4Runner (or similar) because we live in winter-world. I am looking at used 4Runners and the prices are crazy. Typically a rusted 1996-98 with 350-390,000KM will be asking $5,000 – $6,000CDN. I have seen Lexus LS with half […]

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Earl writes: Hi Sajeev, My wife wants me to sell our pristine, time-capsule 90 Cressida for a 4Runner (or similar) because we live in winter-world. I am looking at used 4Runners and the prices are crazy. Typically a rusted 1996-98 with 350-390,000KM will be asking $5,000 – $6,000CDN. I have seen Lexus LS with half […]

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Toyota Prius Best, Nissan Armada Worst in Consumer Reports’ Cost Per Mile Rankings http://www.thetruthaboutcars.com/2013/12/toyota-prius-best-nissan-armada-worst-in-consumer-reports-cost-per-mile-rankings/ http://www.thetruthaboutcars.com/2013/12/toyota-prius-best-nissan-armada-worst-in-consumer-reports-cost-per-mile-rankings/#comments Fri, 20 Dec 2013 12:15:49 +0000 http://www.thetruthaboutcars.com/?p=683522 The Toyota Prius was ranked at the top of Consumer Reports’ Best New Car Value scoring for the second year in a row. CR’s analysis ranked over 200 vehicles on performance, reliability and costs and determined that over five years the Prius will cost 47 cents per mile to own and operate. Lower depreciation and […]

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The Toyota Prius was ranked at the top of Consumer Reports’ Best New Car Value scoring for the second year in a row. CR’s analysis ranked over 200 vehicles on performance, reliability and costs and determined that over five years the Prius will cost 47 cents per mile to own and operate. Lower depreciation and […]

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Bark’s Bites: A Moment of Appreciation for Depreciation http://www.thetruthaboutcars.com/2013/12/barks-bites-a-moment-of-appreciation-for-depreciation/ http://www.thetruthaboutcars.com/2013/12/barks-bites-a-moment-of-appreciation-for-depreciation/#comments Mon, 02 Dec 2013 14:18:26 +0000 http://www.thetruthaboutcars.com/?p=668850 Everybody on the internet knows that buying new cars is just plain stupid. New cars, after all, are just “depreciating hunks of metal.” New cars depreciate an average of 20% immediately, and then go down another 15% each year after that, according to sources such as KBB and Edmunds. According to every message board I’ve […]

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Everybody on the internet knows that buying new cars is just plain stupid. New cars, after all, are just “depreciating hunks of metal.” New cars depreciate an average of 20% immediately, and then go down another 15% each year after that, according to sources such as KBB and Edmunds. According to every message board I’ve […]

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Piston Slap: Bad Vibes from The “Value” Timeline http://www.thetruthaboutcars.com/2013/09/piston-slap-bad-vibes-from-the-value-timeline/ http://www.thetruthaboutcars.com/2013/09/piston-slap-bad-vibes-from-the-value-timeline/#comments Wed, 25 Sep 2013 12:40:15 +0000 http://www.thetruthaboutcars.com/?p=525785 James writes: Sajeev, My question is – when should I sell my current car? Our family runs a 2004 Pontiac Vibe with 109k miles. It is our only car and it seems to run better since it broke the 100k mark. It has been exceptionally reliable, cheap to own, and gets excellent mileage – I […]

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James writes: Sajeev, My question is – when should I sell my current car? Our family runs a 2004 Pontiac Vibe with 109k miles. It is our only car and it seems to run better since it broke the 100k mark. It has been exceptionally reliable, cheap to own, and gets excellent mileage – I […]

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Piston Slap: Self Worth vs. The $8000 Flagship http://www.thetruthaboutcars.com/2013/09/piston-slap-self-worth-vs-the-8000-flagship/ http://www.thetruthaboutcars.com/2013/09/piston-slap-self-worth-vs-the-8000-flagship/#comments Mon, 02 Sep 2013 12:08:01 +0000 http://www.thetruthaboutcars.com/?p=505009 TTAC commentator zamoti writes: Sajeev, I have successfully nursed along my aging Maxima without replacing the transmission, but now sans muffler, balding tires and growing rust, I feel it may finally be time to part ways.  Though it is fun to offer my fellow motorists a dose of the sound and the fury of the […]

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TTAC commentator zamoti writes: Sajeev, I have successfully nursed along my aging Maxima without replacing the transmission, but now sans muffler, balding tires and growing rust, I feel it may finally be time to part ways.  Though it is fun to offer my fellow motorists a dose of the sound and the fury of the […]

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Tales From The Cooler: Instant Karma Depreciation http://www.thetruthaboutcars.com/2013/05/tales-from-the-cooler-instant-karma-depreciation/ http://www.thetruthaboutcars.com/2013/05/tales-from-the-cooler-instant-karma-depreciation/#comments Tue, 28 May 2013 16:02:05 +0000 http://www.thetruthaboutcars.com/?p=489797 During all the turmoil facing hybrid automaker Fisker Automotive recently, from closing its doors to a possible resuscitation led by Bob Lutz, one thing has remained constant: the rapidly collapsing values of the Fisker Karma cars themselves. It appears that Fisker dealers are starting to dump their new $102,000-plus MSRP Karmas through the auction network. According […]

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During all the turmoil facing hybrid automaker Fisker Automotive recently, from closing its doors to a possible resuscitation led by Bob Lutz, one thing has remained constant: the rapidly collapsing values of the Fisker Karma cars themselves. It appears that Fisker dealers are starting to dump their new $102,000-plus MSRP Karmas through the auction network. According […]

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New or Used? : The Blasphemy Of Accountancy Edition http://www.thetruthaboutcars.com/2013/04/new-or-used-the-blasphemy-of-accountancy-edition/ http://www.thetruthaboutcars.com/2013/04/new-or-used-the-blasphemy-of-accountancy-edition/#comments Tue, 30 Apr 2013 10:00:16 +0000 http://www.thetruthaboutcars.com/?p=486607 TTAC commentator Gannett writes: This has now become an important question around our house: what’s the best/cheapest (not necessarily the same thing) way to drive 25,000 miles a year? My wife commutes about 90 miles a day round-trip.  She has been driving a ’98 Crown Vic P71, but that’s getting to be about done.  I […]

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TTAC commentator Gannett writes: This has now become an important question around our house: what’s the best/cheapest (not necessarily the same thing) way to drive 25,000 miles a year? My wife commutes about 90 miles a day round-trip.  She has been driving a ’98 Crown Vic P71, but that’s getting to be about done.  I […]

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QOTD: How Can You Minimize The Cost Of Keeping A Car? http://www.thetruthaboutcars.com/2012/08/qotd-how-can-you-minimize-the-cost-of-keeping-a-car/ http://www.thetruthaboutcars.com/2012/08/qotd-how-can-you-minimize-the-cost-of-keeping-a-car/#comments Tue, 28 Aug 2012 14:20:16 +0000 http://www.thetruthaboutcars.com/?p=457201 Whether you drive a $30,000 or a $1,500 a car, one variable in life stays constant. You want to minimize your costs. The average owner in North America now spends well over $8,000 a year covering all the costs of their car. Gas, insurance, maintenance, repair, depreciation, taxes, financing… and even the occasional upgrade. When […]

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Whether you drive a $30,000 or a $1,500 a car, one variable in life stays constant. You want to minimize your costs. The average owner in North America now spends well over $8,000 a year covering all the costs of their car. Gas, insurance, maintenance, repair, depreciation, taxes, financing… and even the occasional upgrade. When […]

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Piston Slap: Starting the Game All Over Again? http://www.thetruthaboutcars.com/2012/06/piston-slap-starting-the-game-all-over-again/ http://www.thetruthaboutcars.com/2012/06/piston-slap-starting-the-game-all-over-again/#comments Wed, 13 Jun 2012 11:08:57 +0000 http://www.thetruthaboutcars.com/?p=448488 Dave writes: Sajeev, I’m a sales rep for a corporate auto supplier in the Detroit area. I currently drive a 2008 Dodge Magnum SXT that I put around 5000 kms per month and currently has 165000kms. Bought it as a lease back with 30000kms in 2009 and it’s completely paid off. My question is – Do […]

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Dave writes: Sajeev, I’m a sales rep for a corporate auto supplier in the Detroit area. I currently drive a 2008 Dodge Magnum SXT that I put around 5000 kms per month and currently has 165000kms. Bought it as a lease back with 30000kms in 2009 and it’s completely paid off. My question is – Do […]

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Lose 185 Pounds A Day! http://www.thetruthaboutcars.com/2010/09/lose-185-pounds-a-day/ http://www.thetruthaboutcars.com/2010/09/lose-185-pounds-a-day/#comments Tue, 07 Sep 2010 10:36:26 +0000 http://www.thetruthaboutcars.com/?p=364870 When you buy a car new, depreciation is a risk you have to take. So like with any risk, one tries to minimize it. That’s why Toyota and Honda are such perennial favourites. low depreciation. But what cars should you avoid if you don’t want to suffer depreciation that could make you depressed? The Mirror […]

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When you buy a car new, depreciation is a risk you have to take. So like with any risk, one tries to minimize it. That’s why Toyota and Honda are such perennial favourites. low depreciation. But what cars should you avoid if you don’t want to suffer depreciation that could make you depressed? The Mirror […]

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EVs Are Great, Just Don’t Buy The Battery Part Two: 50 Percent Depreciation In Three Years http://www.thetruthaboutcars.com/2010/08/evs-are-great-just-dont-buy-the-battery-part-two/ http://www.thetruthaboutcars.com/2010/08/evs-are-great-just-dont-buy-the-battery-part-two/#comments Tue, 31 Aug 2010 19:08:42 +0000 http://www.thetruthaboutcars.com/?p=364326 With the Mitsubishi i-miev electric car about to hit the British market, the BBC decided to break down the Pounds and tuppence behind the EV hype. And though it found that the i-miev comes out looking quite well thanks to Britain’s EV consumer subsidy, its freedom from congestion charges and road tax, fuel price differences […]

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With the Mitsubishi i-miev electric car about to hit the British market, the BBC decided to break down the Pounds and tuppence behind the EV hype. And though it found that the i-miev comes out looking quite well thanks to Britain’s EV consumer subsidy, its freedom from congestion charges and road tax, fuel price differences […]

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