Quote:
Originally Posted by Homeslice
2/3 of the original asking price?
Seems to me that most vehicles will be worth less than 2/3 after 5 years. I would say most vehicles drop to 2/3 after only 3-4 years.
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No, not the original asking price, the current value. In other words, the truck will be worth somewhere around $17k and I will owe somewhere around $11k. That's based on current value of the same truck only a couple of years older (and my lease runs out in a couple of years)...