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View Full Version : Depreciation handy when used-car shopping


Steve
06-17-2008, 08:10 PM
http://msnbcmedia.msn.com/j/msnbc/Components/Photo_StoryLevel/080617/080617-usedcars-hmed-11a.thumb.jpg (http://www.msnbc.msn.com/id/25083305/)With gas prices hovering around $4 a gallon, more U.S. consumers are giving used cars a closer look, and they can use depreciation as a powerful tool in their favor.



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omegafiler
06-18-2008, 01:25 PM
Which is probably the main thing that will keep me in my truck for awhile longer. Even if I were considering another truck, I wouldn't be able to get crap for my YD on a trade. I'm not about to take a huge equity loss just because gas prices are high. I'll hang on to my YD!