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General Motors Company Message Board

  • mandan14shooter mandan14shooter Sep 8, 2013 2:09 PM Flag

    What new car or truck doesn't depreciate??

    Buddy Steve is one smart cookie, but once in awhile he jumps off the deep end of the pool and can only dog paddle. A few years ago, he went out to the Monroe Swap Meet and saw a nice, blue 65 Vette with a 327, 4-speed. The sign said "25K or best offer". Steve offered him 24.5K and the guy turned him down. i asked him why he didn't offer the guy the full price and he said the guy was a jerk. Steve is a Chevy guy and had never owned a Corvette, so he went down to the local Chev dealer the next day and bought a 90 something Vette for 22K. A few years later, he wanted to unload it on me and i finally relented and took it out for a test drive. i drove it about two miles and had to turn around. What a PILE. He couldn't sell the thing and finally unloaded it by trading it in on a new 2011 Dually Truck at 50k plus. Three years and 500 miles later, it just rests in his garage. What's it worth now?? If you aren't going to drive the wheels off a new car, don't buy it. There's no investment value there....

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