Depreciation is a massive, massive factor.
For example, people that bought Ford F150's from ford in oz could sell them years later for as much or more than what they paid for them.
Also, a friend bought a GQ a few years ago, and it has been very reliable and cheap to own, and he could sell it for not much less than what he paid.
Contrarily, to give one example, when i bought my Rok i also considered a Jeep Grand Cherokee. I looked at their secondhand prices the other day, and if i had bought one at the time i did the Rok, and did the same number of kays, it looked like i would have lost around 40k in depreciation, in 3.5years. That would hurt.
What would hurt more would be to buy a GL320 for around $150k and ten years later sell it for $20k.



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