That sounds about right. I feel most new vehicles should lose 20-25% of their sticker value the minute it leaves the lot. Too many people buy vehicles on too much credit and not enough cash. Ever notice how the dealer doesn"t want to deal on the price if all you"re willing to do is put the minimum down or 0 down? They say they"ll get you a great interest rate instead. Or how most lots don"t write the price in the window. They write "Only $256/month". Walk into a dealer with a stack of Benjamins or even your checkbook some time. Heck, just don"t use their financing. Go to your local credit union or personal banker. Its amazing how much can come off the price of a new vehicle.
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