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Old 11-30-2005, 10:34 PM
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PC Dave PC Dave is offline
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Join Date: Apr 2002
Location: Higher than You
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Quote:
Originally Posted by turnne1
another car that is going to be a real dog is that new Volkswagen Phaeton...there are 2004 's out there that were 72K new...selling for mid 40's with 5000 miles on them
Not to go off-topic, but this one hits home. Depreciation on the Phaeton is admittedly abysmal (and it'll get worse since VW announced it won't be imported to the US after 2006), but like many W140s, no Phaeton ever went out the door at list price. I leased mine with $0 down and a lower monthly payment than an E Class or A6 (and it's far superior), and most who bought got huge discounts - a couple of weeks ago a Boston dealer was advertising a new '05 Phaeton V8 with a $73k MSRP at $20k off list - a lot of the imputed depreciation is coming out of the dealer's hide, or VWoA's, not the first owner.
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