Re: RCR: Chevy Bolt
Posted: Wed Sep 13, 2017 1:13 pm
I tend to agree. I think we can be honest about this with each other - when our argument depends on something being too expensive (either unaffordable or not good enough for the money), we use MSRP or even dealer markup if possible. When we want something to be cheap and plentiful we refer to higher mileage used cars. A subset of this is when we talk about base vs options. When our argument depends on the car being too expensive, we quote a price that includes top option packages (and possibly round up after that). When we want the car to be cheap (or perhaps cheaper than another model) we use the base price. It's a thing.
Can we all stop doing it and do apples to apples in every case we possibly can?
I'll add some criteria.
When discussing options, and option costs, compare with like features when possible. And distinguish performance options from non-performance options where possible. That said, if you have information that shows actual cars for sale drastically different from MSRP (higher OR lower) that is fair game. Barring that, of course, you use MSRP. In the used market, trims and options tend to depreciate even harder than the base car itself, making them a better value.
I would like to say new vs new and used vs used. There are some cases where that is hard. I would never buy a new car so I pretty much always compare to used - I'd compare used to used if I could. There is a period where a new model/trim is just released and there is no used market. And the competitor, while probably also available new, may have an established used market. If we talk about buying at that point in time, those are the choices so I think that makes it fair game. Otherwise you simply are speculating on what the new car will eventually depreciate to, and when, which can vary. The fact is, some new cars are better values than others. And some used cars are better values than others. Each case kind of bears its own unique comparison.
Can we all stop doing it and do apples to apples in every case we possibly can?
I'll add some criteria.
When discussing options, and option costs, compare with like features when possible. And distinguish performance options from non-performance options where possible. That said, if you have information that shows actual cars for sale drastically different from MSRP (higher OR lower) that is fair game. Barring that, of course, you use MSRP. In the used market, trims and options tend to depreciate even harder than the base car itself, making them a better value.
I would like to say new vs new and used vs used. There are some cases where that is hard. I would never buy a new car so I pretty much always compare to used - I'd compare used to used if I could. There is a period where a new model/trim is just released and there is no used market. And the competitor, while probably also available new, may have an established used market. If we talk about buying at that point in time, those are the choices so I think that makes it fair game. Otherwise you simply are speculating on what the new car will eventually depreciate to, and when, which can vary. The fact is, some new cars are better values than others. And some used cars are better values than others. Each case kind of bears its own unique comparison.