15 High End Sports Cars That Will Depreciate Almost As Fast As Your 401k Has

15 High End Sports Cars That Will Depreciate Almost As Fast As Your 401k Has
Buying a fancy sports car is an expensive venture. The pricing for this kind of car very often defies all known laws of logic. But then again, if you consider the enjoyment that you will get from owning and driving a powerful, nimble machine, you might even start thinking that the sticker price is worth it. However, the large expenses don't end with simply purchasing the car. There is insurance, gas, maintenance - all of which are hefty when it comes to sports cars.
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MDarringerMDarringer - 3/23/2020 10:25:03 AM
0 Boost
Maseratis have long been high depreciation jobs. Two factors drive it. The first is the reputation for being expensive to fix which makes people reticent to buy. Given that the Ghibli is largely a Chrysler 300 and the the Qporte is also largely an LX, they are actually (1) more reliable than average for a Maserati and (2) more fixable. The Gran Turismo is the old style "difficult" Maserati.

The Jaguar F Type is an unmitigated disaster for Jaguar. It fails to sell so it's always steeply discounted from the get go which in turn poisons resale value. Jaguar needs to replace it with a coupe of that size that bases around $45K with a V6 nicely equipped and $55K with a V8 nicely equipped because Jaguar needs sales. The F-Face can't be its only lukewarm performer.


ctsangctsang - 3/23/2020 1:23:09 PM
+5 Boost
no surprise here


CANADIANCOMMENTSCANADIANCOMMENTS - 3/23/2020 2:06:54 PM
+4 Boost
These cars are all toys. No lesson here. Great if you are the 2nd or third owner. Let someone else pay for the depreciation.


MDarringerMDarringer - 3/23/2020 7:57:24 PM
-1 Boost
Actually, with some of these you're better off to lease new and dump. Several are excruciatingly expensive to fix.


skytopskytop - 3/23/2020 7:01:03 PM
+2 Boost
I bought a brand new Honda Accord Touring 6 months ago for the wife. It cost after discount $$33K before taxes. She hated it. I traded it in with only 2,600 miles for a different car. The best I could get was $23,500. And yes, I know dealers beat you up on trade ins but I did not have the time from work to find a private buyer.

So I lost a whopping ONE third of the ordinal cost on the crap box Honda. So this article only talks about high end cars but economboxes also suffer painful depreciation.


MDarringerMDarringer - 3/23/2020 7:58:25 PM
-2 Boost
Curious question, why didn't you just take it as your car?


ricks0mericks0me - 3/23/2020 7:54:06 PM
+1 Boost
skytop: OUCH!


deaHelkcunKdeaHelkcunK - 3/24/2020 7:26:07 AM
+2 Boost
The Cayman example is a 12 year old car. Please explain to me how 12 years depreciation of 66% is bad. Most cars I lease lose close to 50% in residual value the first 3 years! This article is rubbish.


MDarringerMDarringer - 3/24/2020 10:12:47 AM
-1 Boost
If you think the article is rubbish, go buy a Maserati.


GermanNutGermanNut - 3/24/2020 9:17:46 PM
+2 Boost
No surprise here. Maserati is long known for poor reliability which hammers its resale value.


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