Originally posted by: Arkaign
Originally posted by: halik
Originally posted by: Arkaign
Good point. I wonder what the real numbers would be?
While I like the idea of letting someone else take a massive depreciation hit, I just don't see it with the Focus. They seem to hold value pretty good compared to Cobalts, for example.
$13.5k for a 2008 with 25k miles vs. $16.9k for a 2009 with 0k miles, I'd pay the extra little bit to get a fresh car with a fresh warranty.
What would make sense is if one could find one in his local area with ~5k miles for $13k or so.
No such thing as "fresh warranty"... it's the same exact thing.
Also lols at Focus holding value
linkie
I see a ton of SEs around here listed for 12K, which means you should be able to walk out with one for 11OTD.
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Halik, that data is from 2005, before Ford started resurging in terms of popularity and reputation. The data published in 2005 reflected the earlier Focuses with the much worse Zetec and SPI motors (lower power, worse fuel economy, less reliable).
Looking at 2008 Civics, Corollas, Cobalts, etc, I don't see much of a difference
Also, both of those Focuses you list are with 20k miles already, not a small number really. Take pretty much
any car, drive it for over a year, and put 20k miles on it, and it will lose a decent amount of value. The question remains, is it worth saving a few grand to take on a car driven for that amount of time and miles under unknown condition and use? There's also the matter of the tax credit mentioned above, which can be about $1k as well on the numbers we're talking about.
Detroit is one thing, but I'm in Dallas, and did an autotrader search for a 100-mile range, and I listed what I found.
As for 'fresh warranty', it makes a difference to have 0k miles and 0 years used to start with for sure.