There’s not much of an appeal for used luxury vehicles unless one is a teenage male who doesn’t have any money.
Is there a Pickup Truck depreciation report?
“Is there a Pickup Truck depreciation report?”
That would be interesting. In 2018 we bought a brand new F150. Paid $56,000 for it. A few months later I just couldn’t stand the thing, cussed every time I got in it, so decided to trade it in on a new Ram. The best they’d give was $38,000. I went to several dealers, including Chevy and that $38,000 is a general ball park figure given by most.
We still have the POS F150, I still cuss every time I get in it which ticks the wife off.
My Thai wife and I were looking to upgrade our Ford Escape to an Edge, we had about settled on the top of the line. As we left the Ford dealership I told her we should compare with Lincoln, same car but luxury.
So we went to the Lincoln dealership and looking at us they tried to put us in the basic Nautilus, I said no, I want the high end. Wow, what a difference. The Nautilus is way above the Edge. So we bought it, no regrets about getting the Lincoln over the same ford (for about $15K more).
The reason I highlighted “my Thai wife” was because she had no idea that Lincolns existed. They don’t sell Lincolns in Thailand.
So 3.5 years later our only regrets are that we didn’t special order and didn’t upgrade to the Aviator (Explorer).