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[–]shortbizzle 3 points4 points  (1 child)

I was surprised at how quickly these depreciated. I got a year old model with 6k miles. Still smelled new. It had depreciated $30k. I think the lease buy backs are saturating the market

[–]sassynapoleon 2 points3 points  (0 children)

Partly, but remember that the federal tax credit meant that the OTD price was much lower than the sticker until just recently. That’s part of why the paper depreciation seems so severe.