T350 Depreciation

[jerrytlr]

For various reasons, none of which are any fault of the car, I have just sold my T350Targa. Really sad to see it go. It's been fantastic in the year and a bit I've owned it.

When I first thought of selling, I had lurking in the back of my mind all the doom and gloom comments that have appeared on here over the last 6 months or so regarding depreciation. So I got a vaguely pleasant surprise when the first trade in offer I received was exactly what I was hoping for. I then put it on PH for only a few K below what I paid and have been inundated with emails inquiring about the car - I am pretty confident I could have got a bit more for it, actually within a couple of K of what I paid, but am very happy to have sold it to another PH member and at the same time acquired his very nice supercharged ZT260....

So, seems to me that T350 residuals are holding up very well indeed... quick calculation suggests
almost 60% of price when new after 3.5 years... not many cars that can claim that, even allowing for my car's very low mileage (<10K) when sold.



Cheers

Jerry