Definately dont buy it new!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Devin]

I really couldn't care less how my car depreciates. Never buy a car as an investment vehicle...

 

[monusa]

I really couldn't care less how my car depreciates. Never buy a car as an investment vehicle..

Read a comment online that said; "everyone is driving a used car". Only new ones are still on the dealer's lot...........get it?

 

[ht_addict]

Got 20% of my 2020 AWD GT LIMITED EDITION. Couldnt be more happy.

 

[Nocostinger]

This line of thinking is tiresome... if no-one buys a car new, well, then good luck getting one used. And there are intangibles that come with new car ownership. And - statistically - the stinger is at least average if not better with respect to depreciation.

I agree.

The ideal strategy is this:
Buy new car for price of a used car. This doesn't always work but hey, sometimes. My GT purchase was a great example. Got mine for what a 2 year used one sold for at the time.
This puts me ahead of the depreciation curve.

If you buy right and its not a mitsubishi compact SUV, you can in theory stay ahead of the depreciation curve meaning if your lease or finance payment is enough on a short enough term AND you bought it right, you should never be updside down in your car.

The Chevy Camaro is a great example of this. If you buy one at the end of model year with the massive pile of incentives that Chevy yeets at it just to get them gone in the winter, you're buying it new for what a one year old car costs. If you got the SS with the 6.2l V8, Your car value should plateau in the mid 20's after a few years.
Hell, I see 2012-2014's selling around her for the mid 20's.

So lets throw some market analysis at this:

The Q50 Red Sport from Infiniti is about as close as I can find to comparable power and comparable pricing.

You see the 2018 Red Sports retailing for the lower 30's right now which means they're likely trading right around the upper 28-29k range.

If you dig back to 2016's, they retail for the mid 20's to upper 20's depending on mileage.

In five years thats roughly 50% of its initial value which isn't too bad for a sports car.

The Kia Stinger seems to be following similar trends in pricing and trade values.
If it continues to do so, you should have a trade value in the next year or two that doesn't leave you upside down.
...if you bought it right.

 

[massGass]

Dunno what you did. Quick glance shows 2019 GT1s going used for just about what I paid for new and I'm plenty positive on it. Do you have a 2.0T? maybe they aren't holding value as well.

Also...anyone not expecting to take a hit buying a car, shouldn't be buying new to begin with, and especially something in the sporty/luxury segment. And the Jeep SRT8? SUV, Jeep. Yes it's going to hold value. And the Supra's value will be bouyed by the fanboy tax until the end of time.

awd gt

 

[runner1]

I paid full hit for most of my cars, couple discounts of course in there. I like buying new. Can afford it when I do it so I accept the depreciation and only hold onto a car until I can afford to dump and move. My 19 is limited for the catapult in may of 2023 (5 years) then on to the next great new car experience, likely Audi or Lincoln

 

[massGass]

Have you tried Carvana and those types of websites? I just got an estimate on what I think is your car and Carvana quoted $25,361 in my zipcode.

I got 26700 at carvana..stinger goes monday, someone is going to get a immaculate condition 28000 mile yellow 2018. I kept it soo nice for the next owner. NOW OFF TO FIND A 1991 EAGLE TALON AND BUILD A REAL TURBO CAR!!! HAHAHA

 

[Ric 'Ochet]

I got 26700 at carvana..stinger goes monday, someone is going to get a immaculate condition 28000 mile yellow 2018. I kept it soo nice for the next owner. NOW OFF TO FIND A 1991 EAGLE TALON AND BUILD A REAL TURBO CAR!!! HAHAHA

What model, year, miles etc? Why not sell yourself?

 

[DoctorStiches]

ive had my stinger since 2018, only 28,000 miles tried to keep it low. trade in value is only 22,000!!!!!!
thats almost 40%depreciation in 3 years!!!!!!

look at a 2015 srt8 jeep grand cherokee and let that sink in

BUY USED!!!! DONT GINE AWAY TENS OF THOUSANDS OF DOLLARS!!!!!

Never gonna sell im cool dropping 55k for my new and most reliable car

 

[DoctorStiches]

I got 26700 at carvana..stinger goes monday, someone is going to get a immaculate condition 28000 mile yellow 2018. I kept it soo nice for the next owner. NOW OFF TO FIND A 1991 EAGLE TALON AND BUILD A REAL TURBO CAR!!! HAHAHA

If you can still find a 91 talon lol my brothera 91 with an evo 3 swap and my old 95 with a strong reliable 7 bolt 4g both got at it but my stinger is as fast as they were and i got so much room for improvement

 

[Devin]

I got 26700 at carvana..stinger goes monday, someone is going to get a immaculate condition 28000 mile yellow 2018. I kept it soo nice for the next owner. NOW OFF TO FIND A 1991 EAGLE TALON AND BUILD A REAL TURBO CAR!!! HAHAHA

That'd be a fun ratrod. Strip it, run with no hood or front bumper.

 

[powermatt]

Carvana is absolutely a rip-off on trade/sell values right now. They're desperately trying to profit on the insanity right now.

I got an offer of $33k from a local Toyota dealer on my '18 GT2 with 24k miles (declined, because I just don't think selling right now is a good idea). Don't settle on the first offer.

 

[hughanis]

I have a 2019 GT2 AWD with 30k miles, and I just had it appraised at CarMax like 3 months ago. Came in at $34,700. The kicker is, I paid $40,500, brand new, for it 2 years ago.

 

[powermatt]

I have a 2019 GT2 AWD with 30k miles, and I just had it appraised at CarMax like 3 months ago. Came in at $34,700. The kicker is, I paid $40,500, brand new, for it 2 years ago.

I got a pretty solid $11,500 for my '16 Fiesta ST with 36k miles when I traded it for the Stinger. CarMax seems to pretty consistently lead the market on trade/purchase values. If you've got one near you, I'd always go there first before taking an offer from anyone else.

 

[Yeti]

Disagreee. I always buy new. Paid mid 30’s for 2019 gts on lease
lease buy out is $25k in october. Carvana offered $38k

 

[powermatt]

Disagreee. I always buy new. Paid mid 30’s for 2019 gts on lease
lease buy out is $25k in october. Carvana offered $38k

That's pretty nuts considering it was $47k MSRP new. Makes me wonder if Carvana is offering weaker trade values in markets with stronger sales (like northern Virginia). Can't really figure out why I see some offers being deep lowballs, and others that seem like there's no possible way they can turn a profit on it.

 

[Transmetal]

Is this even realistic?

So you telling me my 2020 awd gt is worth more than what I paid for it a year ago? Thought you automatically lose 10% driving off the lot? Only reason is that I even entertained this idea is because I really wanted a ceramic silver car, if I can find a new 2021 awd gt, it'd basically be a wash and I'd be able to get the color I wanted from the start.

 

[MerlintheMad]

It's inflation.

Is this even realistic?
View attachment 58752
So you telling me my 2020 awd gt is worth more than what I paid for it a year ago? Thought you automatically lose 10% driving off the lot? Only reason is that I even entertained this idea is because I really wanted a ceramic silver car, if I can find a new 2021 awd gt, it'd basically be a wash and I'd be able to get the color I wanted from the start.

 

[DoctorStiches]

Im more confused as to how you got a 2020 gt for 38k !? Is it a base?

 

[Transmetal]

Im more confused as to how you got a 2020 gt for 38k !? Is it a base?

2020 Base awd gt. Paid 36k