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Joined: Jun 2000
Posts: 1,469
Hard-core CEG\'er
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Hard-core CEG\'er
Joined: Jun 2000
Posts: 1,469 |
Originally posted by BURNTU2:
Originally posted by mrspindlelegs:
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
Thats very true about the focus SVT losing value...however I feel the build quality is greatly improved since the Contour days and over all the car is much more durable than our contour SVT.
Focus already has more recalls than the Contour and a worse Consumer Reports record.....Trim looks better but build quality seems same to worse..
1999 Amazon Green SVT Contour (#554/2760)
"People demand freedom of speech as a compensation for the freedom of thought which they seldom use."
-Soren Kierkegaard (as posted by Jato)
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Joined: Jul 2003
Posts: 144
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CEG\'er
Joined: Jul 2003
Posts: 144 |
I had a 99 Mustang GT and that car squeeked and rattled 100 times worse then the csvt. The door panel was just one giant solid plastic shell and the seats were terrible!
If you want good resale value get a Honda, the 99-00 civic si's have ridiculous resale value. With average mileage I have seen them go from $12-15k in my area, yet the car only cost $17k brand new!! An 02 Focus sold close to $20k fully equiped, and now you can get one for $14k, what does that say about there resale. Percentage wise I bet its worse then the contour!
98.5 Blk CSVT #6479
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Joined: Aug 2000
Posts: 322
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CEG\'er
Joined: Aug 2000
Posts: 322 |
Question (not trying to be a jerk). Did you buy the car new 4 years ago? If so, how on earth do you still owe $10K? Balloon payment? These cars are not investments. If your plan is not to lose money, simply drive it into the ground. I'm at 115K and have had it paid off for over a year now. Could the car have been better built? Probably, but it didn't cost BMW prices either. And BMW doesn't offer the lowball financing that Ford does anyway. In any event, sure there are a lot of cars that catch my fancy, but not enough to sway me back into making payments again.
Jim H
95 Midnight Blue SE (Sold)
98.5 Silver Frost E1 (Sold)
'04 G35 6MT Sedan (Sold)
'01 Aurora 4.0
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Joined: Sep 2002
Posts: 3,632
Hard-core CEG'er
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Hard-core CEG'er
Joined: Sep 2002
Posts: 3,632 |
Originally posted by Dan Nixon:
Originally posted by BURNTU2:
Originally posted by mrspindlelegs:
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
Thats very true about the focus SVT losing value...however I feel the build quality is greatly improved since the Contour days and over all the car is much more durable than our contour SVT.
Focus already has more recalls than the Contour and a worse Consumer Reports record.....Trim looks better but build quality seems same to worse..
SVT Focus has 0 recalls.
"Cobb - It's not just for corn anymore!"
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Joined: Jan 2001
Posts: 660
Veteran CEG\'er
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Veteran CEG\'er
Joined: Jan 2001
Posts: 660 |
Originally posted by Yankees25:
Question (not trying to be a jerk). Did you buy the car new 4 years ago? If so, how on earth do you still owe $10K? Balloon payment? These cars are not investments. If your plan is not to lose money, simply drive it into the ground. I'm at 115K and have had it paid off for over a year now. Could the car have been better built? Probably, but it didn't cost BMW prices either. And BMW doesn't offer the lowball financing that Ford does anyway. In any event, sure there are a lot of cars that catch my fancy, but not enough to sway me back into making payments again.
I think this guy nailed it. You will lose money on a car 99 times out of 100. They are DEPRECIATING ASSETS. If you owe $10K on a car that is 4 years old, you either paid too much for it to begin with or you didn't put enough down.
Resale value is the mantra of the overextended and upside-down. If you don't want to lose money on a car, buy a bus pass.
2000 SVT Contour -- SOLD! New car coming soon...
1980 Triumph TR7 -- Needs a new home...
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Joined: Sep 2002
Posts: 165
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CEG\'er
Joined: Sep 2002
Posts: 165 |
Originally posted by 00SVT:
They are DEPRECIATING ASSETS.
Hell, I call them liabilites.
Originally posted by 00SVT:
Resale value is the mantra of the overextended and upside-down.
Well put!
Mystique LS
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Joined: Feb 2001
Posts: 3,264
Hard-core CEG'er
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Hard-core CEG'er
Joined: Feb 2001
Posts: 3,264 |
Buy an Enzo, they should have good resale value 
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Joined: Feb 2003
Posts: 101
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CEG\'er
Joined: Feb 2003
Posts: 101 |
Hey honkeytonk,Aspires are worth more.... 
96 contour SE,E1 rims w 205/60/15 Comp TA's VR4's,optimized y-pipe,SVT doorsills,KKM intake,BULLIT MUSTANG fuel door,painted grill,every available option w/leather !
95 mystique LS,every option minus leather,optimized y-pipe+exhaust
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Joined: Mar 2001
Posts: 1,603
Hard-core CEG'er
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Hard-core CEG'er
Joined: Mar 2001
Posts: 1,603 |
Originally posted by 00SVT:
If you owe $10K on a car that is 4 years old, you either paid too much for it to begin with or you didn't put enough down.
I didn't put anything down when I bought my SE Sport new, and I only owed
a little more than $4500 in the last year of payments.
How do you figure $10,000 ?
Pete...
2004 Mercury Marauder 300A
Black Clearcoat/Dark Charcoal LEATHER
DOB 10/31/2003
DOP 1/2/2004
www.mercurymarauder.net
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Joined: Jun 2003
Posts: 80
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CEG\'er
Joined: Jun 2003
Posts: 80 |
Just bought my CSVT a few months ago, and when I got it, it was trashed. Some smoker/stoner kid owned it before me. Dirty leather, stickers and fingernail polish on stuff, and mechanically... But with a touch of TLC, it's as good as new! Don't give up on your Contour. 
I ran a search already!
99 Ford Contour SVT - SOLD!! 
'90 CRX Si, '98 Explorer V8, '98 Acura ITRally Co-Driver
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