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Porsche 911’s hold their value. A Cayman GT4 won’t drop and actually might go up, but new version has been made and will be available any day now, which might drop priors in value.
The FJ Cruiser was like that....as is the current Jeep Wrangler and pickup. They hold their value well, and almost make more sense buying new.
Yeah, I think the Gladiator is definitely cool and one that might do really well in quick 1-2 year ownership period. I would limit my purchases to vehicles that kinda fall into that “might as well buy new” category. I may spend a tad more, but I’d get that new car experience and may make up some money on the backend reselling pristine/in demand/low mileage/1 owner vehicles.
I’d take a $50k Gladiator that I could resale for $40k in say 15 months. Don’t actually know if it’s possible but I’ll check.
I’m looking at somewhat rare vehicles that definitely have a limited market. But I also believe that allows them to be “cool” while also holding their value somewhat. Check out something like a 4Runner Pro, Tacoma Pro, Raptor, etc.
Like I mentioned earlier - I did a 300 mile search and I only found 1 or 2 2014 Raptors for under $45,000 (less than 60k miles). I think cool vehicles are going to hit a wall with how much they depreciate.
One of these YouTube auto reviewers did a bit where they bought the cheapest Raptor in America - it was something like $20,000 after they repaired it and did maintenance stuff...filthy interior, smoker owned, 220,000 miles.
So even the guy that totally neglected his $50k vehicle and drove the wheels off for 10 years “only” lost $30k...or $3,000/year.
Porsche 911’s hold their value. A Cayman GT4 won’t drop and actually might go up, but new version has been made and will be available any day now, which might drop priors in value.
Not really looking for anything too exotic...mostly stuff I can get serviced at the local Honda/Toyota/Ford, etc dealership.
Please don't forget transaction costs in your math. In my state, buying a $60k car would be over $5k in tax/registration alone. So if you buy that $64k truck, you've paid nearly $70k. When you sell it for $50k, you've lost $20k.
Lease assumptions are the only way to do this without insane transaction costs, as trading doesn't help since the spread is larger than the taxes saved.
Please don't forget transaction costs in your math. In my state, buying a $60k car would be over $5k in tax/registration alone. So if you buy that $64k truck, you've paid nearly $70k. When you sell it for $50k, you've lost $20k.
Lease assumptions are the only way to do this without insane transaction costs, as trading doesn't help since the spread is larger than the taxes saved.
Tax is 3% in my state and some vehicles can’t be leased...like a Raptor.
Get a nice land rover and have the best money can buy...I have 2 of them...nice real nice
Do you have two so you have something to drive while other is in the shop? Lol sorry, I had to do it!
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