Mar
24
Posted in: Uncategorized
Just moi! asked:
I love the 2008 Pontiac Torrent, but I don’t need a brand-new car. How much will it depreciate in one year? The MSRP is around 24K for it brand new right now. Is there a standard formula across the industry or does it just depend on the car?
I live in zip code 31302. That is in coastal Georgia, USA.
I love the 2008 Pontiac Torrent, but I don’t need a brand-new car. How much will it depreciate in one year? The MSRP is around 24K for it brand new right now. Is there a standard formula across the industry or does it just depend on the car?
I live in zip code 31302. That is in coastal Georgia, USA.
March 25th 2009
Depends on the car & location. You’ll take a $10K hit the first year on that model here in Chicago.
March 28th 2009
It depends on the car, but it will probably lose $6-8K it’s first year. Torrents, and most American cars, dont hold their values well at all.
March 29th 2009
They’re right about the 1st year hit. GM cousin the equinox was intoduced with a chinese built engine. if the torrent has this engine, this piece will dead fall in value.
beautifull sheet metal though.