eddie32 wrote:
Effy,
So if I understand correctly, if I buy a 2014 when the 2015s are out, a few years from now, if I wanted to sell, I will get about $10,000 less for a 2014.
The dealers don't appear to be discounting the 2014 Axis by $10,000 more than a 2015. Sounds like no one should buy a "leftover" without a $40% off MSRP discount?
Confused in CT,
Ed
As with all things the example below is just that, an example. If you want to know what a 2014 is selling for, do your due diligence and shop online and make some phone calls and find out a dealers best deal and pit deals against one another. What you see on a dealers site without calling is the advertised price not the sale price. Also the numbers in the deprecation are based on used values not new. A leftover 2014 is not depreciated like one that has left the lot, so the selling price is not equal to the depreciation. it's still new, they just need to get rid of it so they dig a little deeper. Still it will be cheaper than a comparable 2015, that's just common sense. How much really depends on a lot of things - dealer inventory, demand etc. But it won't be discounted like it's used. Depreciation catches up faster as it's "last year's" model, but you paid less to compensate so your loss is less.
I am not certain I understand your question. When are you buying? Now or in a few years? If you buy now the 2014 should be cheaper. No incentive to get it off the dealers lot if it isn’t. It will depreciate based on the rate below (as a guide) relative to the model year and when you bought it. If John Doe buys the 2015 he'll pay a little more, but the rate of depreciation is the same based on model year. He'll be a year behind you. To summarize, the 2014 will be cheaper off the lot if it's new and all things equal. in 3 years the same model 2014 will be worth less than the 2015 but both with have depreciated respectively.
Perhaps I am not grasping what it is you are looking for. You won't get a hard and fast number what either will be worth in a few years because I left my crystal ball in my other pants. But Depreciation is pretty standard as a generalization.
