ems657
Senior Member
- First Name
- Michael
- Joined
- Jan 25, 2018
- Threads
- 14
- Messages
- 85
- Reaction score
- 52
- Location
- Seattle
- Vehicle(s)
- 2018 Subaru STi, 2012 Infiniti G37 (sold)
- Thread starter
- #1
Hey guys,
Just curious – Let’s pretend it’s year 2023, and you’re shopping for a used CTR. You will likely see the following price range:
Essentially, the MSRP increased by $5.3K from 2017 to 2020. This means the 2020 model year used cars will be much more expensive. In another word, price 4 is much higher than price 1
Michael
Just curious – Let’s pretend it’s year 2023, and you’re shopping for a used CTR. You will likely see the following price range:
- 2017: MSRP $34.9K (including destination charge) x depreciation % = price 1
- 2018: MSRP $35.5K x depreciation % = price 2
- 2019: MSRP $37.2 x deprecation % = price 3
- 2020: MSRP $40.2 x deprecation % = price 4
Essentially, the MSRP increased by $5.3K from 2017 to 2020. This means the 2020 model year used cars will be much more expensive. In another word, price 4 is much higher than price 1
- This higher price would drive more used car buyers to purchase 2017-19
- This higher demand for 2017-19 would then drive up the used car price (supply and demand theory).
Michael
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