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Joined: Jun 2003
Posts: 171
CEG\'er
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CEG\'er
Joined: Jun 2003
Posts: 171 |
Yeah, well, my attitude has changed since I recently found out my car is worth $7,200-8000, when I still owe $10,000 on it. I have so much negative equity in this car its disgusting. I am still a huge Ford fan, Countour fan, and CEG'er, but I am very dissapointed in what's happening to my car, which is not quite four years old yet. I love my car even with everything thats broke and falling apart, I was just shocked at the rapidly declining value of these cars, and the minor problems just make it depreciate even more. If I don't sell this car now I will be stuck with it forever.  It might be time for an SVT focus?
The SVT Focus will lose value just as quickly. If you want a car that depreciates slowly, get a BMW.
Dave Keller
1995 Contour SE
1999 Contour SVT
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