Originally Posted by jjscsix

I don't agree that new models cause the old ones to plummet. If you think through what drives used car values you will understand why. People don't base used car purchases on whether or not something has been updated. They base the purchase on saving money by buying used. It would only make a difference if the used versus new was only a few thousand dollars. In addition, there are always many used car buyers who don't even want a first year new model.

I've bought 61 (maybe 62, need to look it up) new cars. That means I have gotten rid of nearly as many used cars and I've always been good at understanding used car values. I've seen this phenomenon many, many times.