Submitted by President145 on February 23, 2019
In January of 2017 I purchased a 2016.5 75D. I paid almost 90K for the car. I was considering trading it for a Lexus hybrid until I was given a 40K trade in value. I understand every car loses a lot money in the first two years, but a loss of 55 percent shocked me. Needless to say I am keeping the car. I actually love the car but hate the high monthly payment. With my wife and I both retiring I was trying to cut some of our monthly bills.
According to the dealer my car is selling for 43k at auction. Is this figure in line with the true value of a car like mine with 29,000 miles and in very good to excellent condition?