Quote:
Originally Posted by DementedReality
i dont have time at the moment to give ou a full response, but I take issue with either the original purchase price of the rate you think you can get after 3 years.
i dont know the new value of a Mazda 3 BUT if it is 18k, there is no way you get 16k for it after 3 years.
why wouldnt the person offering you 16, just go and buy a new one if its only a few k more?
EDIT: i see now you said USED 2007. either way, a car will depreciate far more than 2k in 3 years.
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Right now I'm seeing used 2004 Mazda 3s for anywhere from $13,000 to $18,000 so I think in three years I should be able to sell a 4 year old car for $15 or 16,000