Posted by ss55 on December 18, 2013 at 14:01:34 from (173.19.108.151):
In Reply to: OT Mini vans posted by Don-Wi on December 17, 2013 at 19:49:35:
I generally figure cars lose half their value by the time they are three years old and they lose 75% of their value when they are six years old. I make some allowance for condition and mileage, but limit it to 40%. KBB always seems high on their retail price, almost like an asking price instead of the selling prices.
For 4WD trucks I use 50% lost at four years and 75% lost at eight years.
$15K sounds high for a 2008, unless he's giving you over $5k trade-in on the LeSabre.
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