Comments by "geemy" (@geemy9675) on "Why Do We Keep Adding Gears to Cars?" video.
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your logic only works if you're buying new. the guy that buys your 70k miles truck at new price makes a pretty shitty deal. the 4 yo cross over at 80% depreciation makes a pretty sweet one. also why buy a truck if you dont need the bed or the towing, and get crappy fuel economy, handling, suspensions and wind noise. also you seem to be pretty sure that crossovers are leaving dealer's lot at MSRP, which is not necessarily true.
"The average five-year depreciation rate for an SUV is 50.8% according to iSeeCars. So this is higher than the average five-year depreciation rate of a pickup truck (44.1%)" so yeah that is a 1%/year difference that explains by the fact trucks are usually built to last longer, but it's hardly relevant. of course this is an average, and some deals are better than the others, also you cant always predict the depreciation, except a few models that hold up their value pretty consistently across the years. you have to be pretty biased if you think owning a used lamborghini is the same cost as owning a (new) crossover...I guess you are not comparing the same mileage either, forgetting about maintenance, gas price, insurance, and garage space. BTW all used cars are overpriced nowadays, so it doesnt mean much, I could also sell my crossover today with 50k at the same price I bought it with 15k
to finish, lot or trucks buyer are spending a tons of money on options and aftermarket parts that have very low resale value. so in the end just buy what you want/need, if you're really worried about value, just try to be smart about buying/selling at the right time so your not the one taking the most depreciation
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