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To: TroutStalker
I've been looking at used cars the past few months as I have a daughter that will soon be driving. I can't believe the deals you can get on a two year old car. Virtually any new American car drops by more than 50% in value in those two years. Ford and Chrysler the most. They are right on with the Taurus, the same is pretty much true of the Dodge Intrpid too.

I've stayed away from cars from the big three for many years now, Japanese and German cars hold their value so much better. I got a VW Passat last year, not too much over invoice, and it is rated as having the highest residual value of any car in its class.

I tell you, the guys on the used car lots are desperate. They really, really want to deal right now. All the zero percent stuff has been killing them, as a glut of used cars hit the market and new cars are more afordable. I also think it will eventually kill off new car sales as well as they are just pulling foreward future new car sales.

63 posted on 10/08/2002 9:03:00 AM PDT by machman
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To: machman
I have many cars but I have an '83 Nissan Sentra Wagon
with 302,000 miles.....brakes,oil,valve work and
a clutch job are the only costs. oh and 30mpg too.
65 posted on 10/08/2002 9:06:30 AM PDT by cactusSharp
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