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This depreciation is depressing

10667 Views 31 Replies 29 Participants Last post by  Bullyveldt
I've never owned a car thats falling this hard this fast, bought for under 20k used 2 years ago and now it's worth only 8k with only 20k more miles. I mean jeez, new German luxury cars don't depreciate that fast, it's really soul crushing to know i've still got a long while on my note before i have literally ANY equity in this car.

As a car enthusiast I usually buy used trade in every few years but this dang volt is worth so little that i doubt it will ever make sense to get rid of. Anyone else feel like buying a volt was a huge mistake? with gas prices as it is theres not really much savings to be had and due to the tech as it ages it will be impossible for anyone to work on but the dealership.

Also getting almost daily reduced propulsion error......dealership can't figure it out ><
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hello all!!!
as a prime example, I bought my volt fully equipped last year the sticker price was $39,680 as it was in the last quarter for car dealerships, they gave me a $9,800 rebate to buy my volt, and they gave me $10,000 trade in on my 2012 Chevrolet cruze LT
I bought my volt for just under $20,000 out the door
my 3rd year of ownership my volt will be worth as much as I bought it for
I bought my volt to keep,not trade in,so I think I got a great deal
I have 15,300 total miles on the clock, with 11,400 ev miles
I only use my ice when I travel out of town,so it is perfect for me
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