Dani's going to bid on a 2009 Mini Cooper S and she's talking smack in the bidders' chat area... this won't go well.
At least it's Racing Green.
I was in the wheel business for 20 years. Cars just have to be looked at as a luxury in general. A good deal is a state of mind. That state of mind is in the buyers head. You can scientifically do all kinds of estimates. We have all seen some really wealthy people driving super old cars just because they don't like the deprecation. I used a Kelly Blue Book but even then there was always a call to a wholesaler to find out what was soft at that point in time.
It was always a surprise as to how a particular car dropped! At times I would have to call 2 or 3 wholesalers to make sure my used buy bid was correct. One of the biggest surprises was in 08 with the top BMW series cars. In four years the cars were dropping 50K in value. Some stuff is just soft on the market. In the end nothing really matters. Just get a car you like and can afford. If it's safe and fun to drive then that's all it is. Some cars are high maintenance and some are not. Some have a high resale some don't. The crazy part about the phenomena becomes delineated when you look at an 84 Caddie and an 84 Toyota, now they are both worth $900.00 but new there was a 28K difference between them. That's what happens to all cars over time. So who cares, you can't take your money with you, learn to enjoy life with it!
Talk about big CC runs........check these kids out!
Luxury cars take the biggest 1st year hit but who cares. If you like the color and did a car-fax it's still under warranty. I purchased my last used car used at one year old and it was great. Let the first guy take the biggest book drop.
Actually, I was the floor manager at one of the biggest motor home dealers so we received cars, boats and motor homes in on trade and had to turn em back into money again.
When Facebook purchased Instagram a while back for 1 billion there were only 13 employees in the company! There may be some real richkids of instagram!
LOL, so a pretty fun night then! And productive to boot. Are you guys gonna throw a goodbye party for her old car? And by goodbye party I mean curse at it and throw rotting produce...
She can probably stack her Beetle and Mini in one slot at that. And I guess you guys can always re-sell it after she learns manual (as she'll probably be driving the Porsche or the Aston by then).
I have a wonderful Mini Cooper story. A friend who was really into traditional muscle cars purchased a Mini Cooper on Ebay from Texas. It was drop-shipped to his house in Long Beach California. He did everything he could to hop up the engine and running gear.
1} Cold Air Intake
3} Engine Frame Bracing
4} Car Lowering
He spent 23K in after market junk.
These are the things I can remember. It was the scariest car I have ever has the pleasure of ridding in.
He waited till the mods were done, and being I was one of his good friends decided to take me on the ride of my life. Needless to say I screamed like an 11 year old school girl.