Ouch!!! That's gonna hurt . Depreciation due to airbag(s) recall
#22
A lot of people that you encounter on forums won't buy anything without an assurance about future resale value. I guess that means that a lot of people on forums want to buy things that they know they cannot really afford.
#23
Still disagree . The drop looks to be getting larger . Aware of the want for larger vehicles , lower gas prices ( rising ) and more economy cars ( new , used ) sitting on lots . The 2 recalls for driver / passenger side are likely contributing more so . I would think the recalled Hondas waiting to be fixed on Honda dealer lots wouldn't help book value . We have 2 FITS . Makes it a bit more frustrating . Both are in use .
Last edited by Odie; 05-31-2016 at 01:08 PM.
#31
Odie, another day has passed! Better go check your residual value!!!
Seriously, I think your car's value is tied more to the price of gas than the price of the airbag. If you see it heading back towards $4/gallon you will likely see the value rise too.
Seriously, I think your car's value is tied more to the price of gas than the price of the airbag. If you see it heading back towards $4/gallon you will likely see the value rise too.
#33
" Odie, another day has passed! Better go check your residual value!!! "
Will do that tomorrow . 1 week .
" Seriously, I think your car's value is tied more to the price of gas than the price of the airbag. If you see it heading back towards $4/gallon you will likely see the value rise too. "
Let's hope so . Oil is over $51 a barrel .
Will do that tomorrow . 1 week .
" Seriously, I think your car's value is tied more to the price of gas than the price of the airbag. If you see it heading back towards $4/gallon you will likely see the value rise too. "
Let's hope so . Oil is over $51 a barrel .
#34
Good for you and best of luck . Have owned the '11 about 5 1/2 years and the '13 a bit over 2 . May keep both until the end .
Last edited by Odie; 06-08-2016 at 11:23 PM.
#35
I am just not seeing the purpose of checking the "resale" value on a vehicle that you aren't planning on selling yet.... Cars depreciate, they are never an investment. best not worry about day to day losses and just enjoy the vehicle. At least its not a house that can lose thousands over night some nights....
#36
The "value" of my house, car, 401k and everything else is irrelevant until I want money from any of them.
I bought a meal a few days ago. 100% of that money's already down the toilet. But I'm not a grocery store, I didn't buy that food to resell, so it doesn't matter what the resale "value" is.
Unless you're a used car dealer or ditching your car this week, what's resale value?
I bought a meal a few days ago. 100% of that money's already down the toilet. But I'm not a grocery store, I didn't buy that food to resell, so it doesn't matter what the resale "value" is.
Unless you're a used car dealer or ditching your car this week, what's resale value?
#39
well even still... you have to keep it until at least the airbags are fixed... after that, nothing should be wrong with the car and you should see it go back to normal numbers. still 9.5k is a great price for a used car