So lets say you can choose between two similar cars. One is a 2002 and one is a 2005. Both have close to the same mileage. Both are the same color in and out. Both are stock.
Basically these two cars are almost the same. Except the year of manufacture.
One is $58k and one is $72k. Is the car thats 3 years newer "worth" $14k more? I mean, for $14k you could put on a SC and lots of other goodies.
The newer car would probably have better resale only because its the end of the line. Typically you would think the older car is depreciating less.
Thoughts?????
Basically these two cars are almost the same. Except the year of manufacture.
One is $58k and one is $72k. Is the car thats 3 years newer "worth" $14k more? I mean, for $14k you could put on a SC and lots of other goodies.
The newer car would probably have better resale only because its the end of the line. Typically you would think the older car is depreciating less.
Thoughts?????