This one is little bit different, it's a rant and a question.
My wife’s is really fixated on 2002-2003 Tahoe Z-71. (Not brand new basically)
We found the one she wanted but it was a 2003 and it was 30 thousand dollars, too bad so sad, we're not spending that much money.
We started to look at maybe getting an older one, say a 2000 to help with costs.
A 2000 Z-71 is 15 thousand dollars.
I looked at 2001, 20 thousand dollars.
2002, 25 thousand dollars, you see where I'm going with this.
One of the most sought after Chevy’s (Chevy's hold value better then most American autos) but it loses 5K a year in value!!??
This brings up questions.
Even if I was to buy new-used, I'd still be looking at LOOSING 5K a year for this car, if I bought new, it would be more like 7K a year in red.
Can someone explain the madness for me??
How the F can people even bring themselves to buy new cars let alone new-used cars that are worth more then 30K?
Let’s say I wait a year and buy a 2000 Z-71 for say, 10K-13K.
So I'd be looking at spending 10K-13K on an auto that has over 100K on the odometer??
This isn't right either.
Since this is going to get worse before it gets better,
is the norm in 5 years going to be, lose anywhere from 5K-10K a year to drive a newer car or spend 15K on a used car that has over 100K on the odometer??
Something has to give!!
Who the hell is fueling this crazy market?
I'm going to check out japanese autos next to see if they're worth the extra up front costs.