@@OzMediaOfficial very based american wouldn't not know they ain't get standardized price they would just slap random price until people want the car they selling like in 2nd hand car dealers.
Agree - to those who buy them, the depreciation is not a relevant factor. All cars depreciate - some faster than others. Cars are NOT investments. At a minimum, they are appliances. So calling someone "stupid" who wants the experience of a luxury car has missed the point.
The Z06 retains nearly 80% of its value after 4 years. That is fantastic and way better than most cars. How many cars maintain more than 80% of their value after 4 years? Not many. By that measurement almost all cars are a bad investment and we should all be riding bicycles.
@@johnmeikle1477 Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
@@AV-nl9gc How many bitcoins did you buy in the beginning? no one knows the what the market is going to do, only what the market has done. Hindsight, I have plenty of it. I am not selling my car I like it to much.
I wouldn't be surprised if Modern Muscle is a Dodge Charger owner hating on Corvette and Camaro. I work in the auto industry and I know dealership that still offer up to 85% for a good/excellent C7. But as for a Charger (which should've made this list), they'll be lucky to get 50%. Ask any dealership if they want used Charger or used Corvette. They'll take the Corvette any day.
These cars are some of the most desirable and sought after cars in the world. The people who have purchased them have achieved a great deal in life and are not concerned about depreciation in the slightest bit.
The reason they depreciate so fast is they are unreliable, expensive to repair and maintain and do not last. No one wants a car that breaks down all the time regardless of how much money you have.
@@AV-nl9gc i wd buy a toyota . Case closed . Cars arent supposed to be unreliable If a car demands too much care , its not for me . Same for my food . I like to eat , i dont like to dance for my meal
You buy these cars because you can and you want the experience. And when you can, you dont care about losing a few bucks. Any new car depreciates as soon as you sign the paperwork and drive it off the lot. Most popular selling models like Fords, Chevys, etc.. will simply lose value because there are a lot of them out there.
I was going to say the same thing. And they only went down in price for like 6 months when the C8 first came out, but soon after three went up in resale value.
@@Pepe-dq2ib they just went up in price because now there is a high demand for them. When the C8 first came out in 2020 that’s what everybody wanted and dealerships where trying to unload all the C7’s they still had in stock.
I’m gonna have to stop you here. I have a 2016 Z06. I paid $76,000. Recently Vroom offered me $74,000. Retail is around $80,000. Zero depreciation. 5% appreciation.
right. I am watching Book Values on some of these and im like... would you site a reference page? the Corvette and the Raptor and the Camaro have appreciated in value
The yellow Corvette shown is not a Z06. It's a ZR1 (with the ZTK track package option) which retailed for ~140-150K+ with 2019 being the only model year.
I like how the study's cutoff is 2019, right before the pandemic and resulting inflation made used car prices ridiculous. I bet most of these cars on the list are actually worth *more* now.
You switch from % to $ to measure depreciation and from 3 years to 5 years. Of course a $300,000 car will depreciate a large amount of $ versus a $50,000 car.
theyre all reasonable. Who cares if they depreciate. I could care less. If im buying a new RR or Bentley, or anything of that price, I wouldnt care about depreciation. I care about the care and money wont hold me back.
Don’t forget the 2012 Jaguar XKL. At the time I bought it in 2012, I paid $112,000 with top of the line interior, TV’s, Sway roof line, built in food trays and a lot more and a couple years ago, when I decided to sell it, I found out they were going for about 10k to 15k. I was so pissed. I ended up selling it for 18k because any teenager out of high school was all buying them now and I had to work my tail off to get it. I will never get over how much money I lost on that car.
Remember. This channel used someone’s modified stinger and called it a Kia Forte and proceeded to call it a car people think might be fast but is actually slow. Lmao
Just bought a corvette z06 and as soon as I started to shop around I found out real quick that they don't depreciate like I thought they would and therefore know that your numbers are way off.
Think the current used car market has actually helped many of these increase in value. I purchased a 2018 Camaro ZL1 in early 2020 and turned a $11,500 profit on it’s sale this summer.
Have you looked at the price of used trucks recently? I know this as I am looking for a used truck such as a Ram or F-150. They are almost as expensive as the new trucks. Also, the C7-Z06 is holding the value quite nicely. Even the C7 Corvette is holding their value nicely. PS, I purchased my C8 corvette at MSRP and they car went up in value by $30,000.
That's because dumb fucks are wiling to pay the ridiculous prices on used shit. When people stop being stupid buyers the prices will come down. Simple as that.
Base price on a 2017 ZL1 was 63k. If your numbers are correct with the 69% depreciation, then I should be able to find these things selling for 20k or less. Good deal ZL1s on CarGurus sell for 55-60k. The car has lost 5% of its value tops.
So, the more exclusive the vehicle is, the smaller the market is for it, the more it costs new, and the more it loses value over time (because the used market is also small for it). Got it. Genius at work.
@@rdeleonnn Both lose there value more than most other cars but the Maserati Quattroporte tends to be the worst Maserati. Personally I’ve always liked the car, just not reliable enough to buy one.
Top 10 bad channels only stupid people watch 1. Modern muscle 2. Modern muscle 3. Modern muscle 4. Modern muscle 5. Modern muscle 6. Modern muscle 7. Modern muscle 8. Modern muscle 9. Modern muscle 10. Modern muscle
i only watch it because its hilarious that he doesnt know many things about cars and that you buy a car so you can drive it to whatever place and to your work or just to have it tuned and other stuff so ye
@We're Just Here to Help thanks man, I’m planning on keeping it stock for fair factory races and already beat a demon on street and beat a gt500 on drag
@@Randomer36034 no, first i did not insult you for no reason i just told you to shut up and second if you had actually read and understood what had been written you should not have responded at all
If you care about car depreciating over years, you're ain't rich enough to own any of these luxury car. Rich people doesn't care even if they have to ditch any of these cars on the roadside as it will just give them a reason to buy a new one.
You watch too many movies. Wealthy individuals gain wealthy by not wasting their money. Specially on depreciating assets. Do not misunderstand people with a few million that can't afford these cars with wealthy individuals.
I’m one of the stupid person who owns two of the cars you mentioned here. My experience with the cars are exhilarating. The 2020 G63 amg I purchased last year for 200k sold for 250k this month! Who’s stupid? Lol
Absolutely true. The shortage of computer chips has reduced the supply of many new cars. Limited supply on new = greater demand for late, low mileage used cars. My three year old Porsche Cayenne turbo sold for what I paid for it new! Yeah, no dreaming, fact. I’m sharing my wife’s macan until supply eases.
@@RC-bw7zz My Challenger can still sell for more than I paid 2018 RT. My Jeep Compass 2018 that oddly enough cost more than the challenger (young and dumb🤦♂️🤦♂️) sold for 21k. One of the bright sides of Covid.
A ZL-1 Camaro has a 69% depreciation after three years?!? Put the crack pipe down. Those cars are reselling for nearly their original sticker because of the new-car shortage.
The “Corvette Z06” you show at time counter 8:44, isn’t a “Z06” Mr car expert. It’s a ZR1. And they have exploded upward in value. Just so you know Mr Car Guru.😉👍🏼
People buy cars to own them not to sell them, and depreciation is irrelevant to them. they buy a car they like to own for a long time and I don't appreciate calling people stupid, not nice at all.
Everyones cars have gone up accordingly. That is a function of rampant dollar inflation. Not of your car choice being a "good" investment. In any normal market 99% of cars are depreciating assests.
I'm going to look at a used Camaro ZL1 in a couple of years. On the rest of these 100k+ cars I really doubt that the owners are too concerned. Stupid list
J. Paul Getty used to say about his expensive 'toys': 'if you have to ask the price, you can't afford it'. No one that can afford super-cars really cares about its MPG or cost. If they were prudent like you or I, they'd buy a Camry, Accord or even a Corvette. But some people who have it, like to flaunt it. And, sometimes, let's be open: we're just envious.
I simply want a car that can go from zero to sixty in one second. It must have Rolls Royce luxury and can be fixed by a backyard mechanic and it gets around two hundred miles per gallon and has a ton speed of 400 mph and can fly through space at just under the speed of light.
For many of these cars, depreciation is actually part of a business expense and business tax write-off. The rich know how to make money work for them even when it's losing money.
The people who can afford these have a lot of disposable income. Getting to that point would have taken a lot of hard work, persistence, dedication & intelligence. Certainly they're not stupid. They buy these cars because they can, not giving a thought about the resale price later on. They could care less about depreciation.
I agree with your general premise but there are people rich enough to collect cars the way most might collect stamps or pennies. For them the impact on their budget is minimal. Beyond that you are helping to employ a bunch of people so go for it if you are flush with money.
The thing I don’t get about ANY car appreciating (especially super cars) is that people usually thrash on (high hp) cars and generally abuse them.And as far as the lambos,Ferrari’s etc,the build quality is horrible on them.Yet most used “super cars are sold almost as new or in some cases more than the original price paid and it’s mind boggling.
As someone who owns a Mercedes CL550 (the predecessor car to the S550 that you mentioned), I can tell you that owning this automotive miracle is well worth the ~$1k/month hit in depreciation, which is the result of an uneducated used car buyer market - NOT a dumb decision on the part of the person who puts down $130k on this amazing machine. Here's the deal, buddy, ... stupid people don't buy a Mercedes because it takes more intellectual horsepower to be successful enough to afford a car of this stature than an envious simpleton like you possesses ... and clearly, you'll never be able to afford such a pleasure that turning the key to this automotive masterpiece provides. You should find something more productive to do with your time than criticizing the car of choice for those that are more successful than you will ever be.
A vehicle is not an investment. All new vehicles depreciate. If i am able to buy any of those cars depreciation is irrelevent because money is no object.
Yup, this info is dated. While I picked up my C7 Vette @ 5 years old and and about 60% of original sticker, the crazy COVID used car market and Vettes in particular actually saw mine INCREASE in value. The dealer I purchased it from offered me $11,000 more than I paid them for it several years ago. Will I sell it? Hell no, what would I replace it with??? Besides, it's a badass sumbitch 😁
Everyone should wait until you have a net worth of 1 million b4 turning 100k into $48K. That is ideal bc you can afford to lose the value. If you don’t one could argue you’re not good with money or dumb. However, it’s your money, your choice and your life. In closing - EVERYONE leases vehicles- even car payment people and cash buyers. It is simple math: (Purchase price + all associated costs of ownership) - (value at the time you sell) divided by time of possession/ownership in months. That is your monthly “lease” or rental cost. When you do the math sometimes the car owns you. The status cars tend to have high insurance, gas, maintenance, repairs, detailing and registration costs and many prove very expensive to repair without warranty which trashes value and increases your ‘lease’ per month cost. If you do it right, you can make the ‘lease’ cost per month reasonable. But hey- it’s each person’s choice to do whatever they want.
One last thing, if your on avg mo cost to possess/use a car is 1200/mo from age 30-60 and always trade up and spend $1200/mo on car you better be investing well in other areas. if u cut that in half and invest $600/mo (not counting 401k) into a great index fund for 30 yrs thats at least a couple million in addition to 401k, home equity etc. But alas, we don’t see that enough but rather broke 60 yr olds with a mortgage and an $800/mo lease and working until they die. All hat, no cattle.
The thing is, the target market for these cars enjoy spending money. And they usually have a lot of it. It really doesn't matter for them if it depreciates in value. The stupid ones are those who can't afford these cars but still trying to buy them😅😅😅
Smart people don't buy these cars they lease them. And with a good accountant they find some way to get a write-off. Steve Jobs used to lease a new BMWs for 6 months.
How one call a CAR buyer stupid just because it deprecated value every year?you buy the CAR because you dream to own one? is that stupid?of course value will go lower because its already used.unless your famous and died?
Ram Rebel TRX Edition? F150 Raptors losing value? You lost a lot of credibility right there. Raptors have been known to hold on to 70%+ of their resale value at 4-5 years easily.
you just take very expensive cars and make a list of how much it goes down in value, what you don't do is looking at the loses as percent of the initial prize.36k in the first year for a urus sounds much but thinking that the prize tag starts at 300k (most cars sold will be closer to 400k than 300k) the los ist only 10% which is pretty much average for new cars