Im buying a 2004 or 2005 Jazz. should I wait till 2009?

my logic is this:

2005 jazz in december 2008 = perceived as 3 yr old car
2005 jazz in january 2009 = perceived as 4 yr old car

so the market price should drop significantly by 2009. Does the real world follow this logic?

 

Wouldnt make a difference I wouldnt think. When I worked at Honda we went by fiscal year which is in September I believe? 2009 are already out so do it now!

 

I assume that you don't live in Eugene, OR if you are buying a Jazz?

That being said, in my state we have the bane that is personal property tax. If you own a car on January 1st, you have to pay taxes on it at the end of the year. It gives you an incentive to wait until after the 1st to buy a car. You get a full year of depreciation before you have to pay taxes on it.

 

^used to live there, not anymore. move to another country for work. need a small car for the missy.

So it doesnt make any difference then? all righty I'll buy it this month then.