If I buy a 2008 Pontiac Torrent (new crossover) in 2009 will I save a significant...

  • Thread starter Thread starter Catherine L
  • Start date Start date
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Catherine L

...amount of money? I love the 2008 Pontiac Torrent, but I don't need a brand-new car. How much will it depreciate in one year? The MSRP is around 24K for it brand new right now. Is there a standard formula across the industry or does it just depend on the car?
I live in zip code 31302. That is in coastal Georgia, USA.
 
It depends on the car, but it will probably lose $6-8K it's first year. Torrents, and most American cars, dont hold their values well at all.
 
Depends on the car & location. You'll take a $10K hit the first year on that model here in Chicago.
 
They're right about the 1st year hit. GM cousin the equinox was intoduced with a chinese built engine. if the torrent has this engine, this piece will dead fall in value.

beautifull sheet metal though.
 
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