Am I missing something here? a $76k return, at auction (and an Ebay auction at that) after 2 years on an original retail price of $120k (pls correct me if I am wrong as I'm working from memory here) equates to a residual of 65% not 40%, which is excellent in anyones book.
Of course I appreciate it does not compare to the 'good old days'.
All I will say about the days of old when you got back what you paid, was that you had to wait 6 years for a new car. 12 months is more than enough in my book and I would definitely not be bothered if that were the current waiting list.
Everything you enjoy costs money. I am prepared to pay for my fun, though of course slowing the depreciation down is desirable
BtG
