njcoach24
Well-Known Member
- First Name
- John
- Joined
- Mar 3, 2021
- Threads
- 13
- Messages
- 100
- Reaction score
- 75
- Location
- Cape May, NJ
- Vehicles
- Lincoln MKC
- Thread starter
- #1
Cars in general are worth less than 20% after year year one....by five years has lost 60% of its value. On a 75K car that's 45K in depreciation. 75K is serious moolah and I really love the Rivian, look at pictures every day and dream of where I'm going in it. I'm enticed by the idea getting a used used for 35K and used classic muscle car for 15K...and have 25K left over to add overlanding accessories to my 35K truck like a RTT, racks, bars, , ect...and be under the 75K.
Obviously I will lose the state of the art tech that the Rivian offers + EV and possibly reduced service costs. But I'm really looking at long term value, is 75K the best use of money on one car if it will really be worth only 30-40K in a couple of years.
I want it but am enticed by the used car market. Anybody else have these thoughts or thoughts on this topic?
Obviously I will lose the state of the art tech that the Rivian offers + EV and possibly reduced service costs. But I'm really looking at long term value, is 75K the best use of money on one car if it will really be worth only 30-40K in a couple of years.
I want it but am enticed by the used car market. Anybody else have these thoughts or thoughts on this topic?
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