just bought an 03 Mach 1 $15500 23000 miles, and i wanted some opinions on how much more this things might depreciate. Five years and half it value!

 

Welll, mine's almost four years old now, and it was assessed at $15,800 7 months ago when it was still bone stock, and it had about 45k in miles on it. That's about half the average original sticker price of around $29,000 MSRP for the car. It all depends on how much mileage is on the car, and how well the car's been taken care of. For a lower mileage car that's garage kept all the time it's GOING to depreciate slower. But for a normal daily driver, five years and normal wear and tear and maintnance all considered, you're probably looking at between 60-65% down, if not more.. I could be wrong though, and that always varies with geography, i.e. where the car was kept, etc, etc..