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Friday, August 27, 2010

Cars Worth Considering

Summary:

The vehicle depreciation rate for an average car relative to its initial requisition is about the same regardless of its purchase price.

above average condition, private party sales
A new family sedan (Camry @ 22,000) after 4 years @ 60K $12,250 (55%)
A new luxury sedan (328i @ 37,000) after 4 years @ 60K $18,500 (50%)

It translates into $2,500 yearly of depreciation, or 1,200 per $10,000
or translates into $1,600 per 10,000 miles


Fact 1: Average miles driven in a year is about 15,000 for a family with multiple vehicles.  Or 24,000 miles for single and likes to travel.

Fact 2: Medium size SUV with AWD capability gets about 20 mpg, adjusted for regular gas is about 18 mpg. Compact size FWD SUV gets 28 mpg, or 25 or so if go on high speed and strong head wind.

For 24,000 miles a year, the fuel cost saving (assuming $3.50 gallon) between a AWD SUV and compact fwd SUV is $1,500 a year, or $6,000 over 4 years.

# # # # # # # # # # # #
Honor Roll
MDX; (U) RL

Misses
TL; TSX
RDX; ZDX







Audi Honor Roll
(U) A8; Q5

Misses
A3; A4; A5; A6;TT; TTS
Q5; Q7;R8; S4; S5; S6







BMW Honor Roll



3-Series; (U) 5 Series





Misses
1 Series; 6 Series; 7 Series; 
M3; M5; M6; Z4
X1; X3; X5; X6






Chevrolet Honor Roll (Gov't-gave GM to UAW, free of charge)



Equinox; (u) Suburban

Misses




Avalanche; Colorado; Express; Silverado; Tahoe; Traverse
Aveo;  Colbalt; Cruze; HHR; Malibu
Camaro; Corvette


Ford Honor Roll






F-150; (u) Flex (In Lieu Of - Chevy Suburban?); Transit Connect







Misses
E-series; Edge; Escape; Expedition; Explorer; Explorer Sport Trac;
Fiesta; Focus; Fusion; Mustang; Taurus;