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re: The Tesla Effect: Cheap European Used Cars

Posted on 10/31/19 at 8:54 am to
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 10/31/19 at 8:54 am to
I'm not sure this is due to anything Tesla did. German cars plummet in value the minute you drive them off the lot, been that way for a long time
Posted by VetteGuy
Member since Feb 2008
28317 posts
Posted on 10/31/19 at 8:58 am to
quote:

German cars plummet in value the minute you drive them off the lot, been that way for a long time


Agreed, but Tesla has really made the situation much worse.

Even for BMW, a 60% depreciation hit in 3 years is pretty dramatic.
Posted by BuckeyeFan87
Columbus
Member since Dec 2007
25240 posts
Posted on 10/31/19 at 9:31 am to
quote:

I'm not sure this is due to anything Tesla did. German cars plummet in value the minute you drive them off the lot, been that way for a long time

I always laugh when people say this, as if every single car made doesn’t do the same thing the moment you drive it off the lot.

Except wranglers. Those things almost go up in value
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