Whadda Ya Think?
Driver
Joined: Dec 2018
Posts: 150
Likes: 48
From: TX
That is what causes my interest.
If we believe in the 19.8 almost 20% depreciation, and we start from believing there is little room for a used car (which I think is true because internet offers must be aggressive). Then based on the 82k used example, what people get for a new 107k car should be 102k. If we start from believing getting 15% off for a new car, which is 92k for a new 107 msrp, than the used car should be around 72k. Now, the question becomes which market & information is wrong, used or new?
If we believe in the 19.8 almost 20% depreciation, and we start from believing there is little room for a used car (which I think is true because internet offers must be aggressive). Then based on the 82k used example, what people get for a new 107k car should be 102k. If we start from believing getting 15% off for a new car, which is 92k for a new 107 msrp, than the used car should be around 72k. Now, the question becomes which market & information is wrong, used or new?
Why? Because you cant get that back. Even if you drive the car out of the dealer and try to sell it down the block you will have lost the dealer profit.
The rest of the time the components of the depreciation curve are primarily car years old, mileage and condition.
Also, I don't think we can take one example and compare it with the statistical average.
That is my 25 cents.
Puertex
Driver
Joined: Apr 2019
Posts: 83
Likes: 14
From: ca
I think that the first year is tricky because part of the lost value of the car is the dealer profit which is taken right away from the value of the car.
Why? Because you cant get that back. Even if you drive the car out of the dealer and try to sell it down the block you will have lost the dealer profit.
The rest of the time the components of the depreciation curve are primarily car years old, mileage and condition.
Also, I don't think we can take one example and compare it with the statistical average.
That is my 25 cents.
Puertex
Why? Because you cant get that back. Even if you drive the car out of the dealer and try to sell it down the block you will have lost the dealer profit.
The rest of the time the components of the depreciation curve are primarily car years old, mileage and condition.
Also, I don't think we can take one example and compare it with the statistical average.
That is my 25 cents.
Puertex
Look like 15% for 2019 new LC is a little bit aggressive.
Lead Lap
Joined: Mar 2015
Posts: 4,590
Likes: 367
From: In your head
https://www.autoblog.com/photos/best...#slide-7593864
Look like 15% for 2019 new LC is a little bit aggressive.
Look like 15% for 2019 new LC is a little bit aggressive.
Driver
Joined: Dec 2018
Posts: 150
Likes: 48
From: TX
https://www.autoblog.com/photos/best...#slide-7593864
Look like 15% for 2019 new LC is a little bit aggressive.
Look like 15% for 2019 new LC is a little bit aggressive.
Pole Position
Joined: Jan 2018
Posts: 256
Likes: 110
From: Arizona
They are still not selling.
http://carsalesbase.com/us-car-sales...exus/lexus-lc/
I would push for at least $20K off.
http://carsalesbase.com/us-car-sales...exus/lexus-lc/
I would push for at least $20K off.
Pole Position
Joined: Jan 2018
Posts: 256
Likes: 110
From: Arizona
I think that the first year is tricky because part of the lost value of the car is the dealer profit which is taken right away from the value of the car.
Why? Because you cant get that back. Even if you drive the car out of the dealer and try to sell it down the block you will have lost the dealer profit.
The rest of the time the components of the depreciation curve are primarily car years old, mileage and condition.
Also, I don't think we can take one example and compare it with the statistical average.
That is my 25 cents.
Puertex
Why? Because you cant get that back. Even if you drive the car out of the dealer and try to sell it down the block you will have lost the dealer profit.
The rest of the time the components of the depreciation curve are primarily car years old, mileage and condition.
Also, I don't think we can take one example and compare it with the statistical average.
That is my 25 cents.
Puertex
Driver
Joined: Dec 2018
Posts: 150
Likes: 48
From: TX
Have a good weekend !
Pole Position
Joined: Jan 2018
Posts: 256
Likes: 110
From: Arizona
Agreed! The longer I own the LC the more I'm reminded of why I bought it in the first place. Sure it's not as fast as some of the other cars for it's class however, it offers so much more than the others in terms of reliability, luxury and exclusivity. There were more Lamborghini Hurcans produced than the LC500 from 2017-2019 making the LC500 that much more of a unicorn.
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