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YOUR RESEARCHPrice vs Mileage
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Use autobaron as one of my search sites
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I've been using AutoBaron as one of my search sites.
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I've been using AutoBaron as one of my search sites. It has a feature to display a graph of Price vs Mileage, shown here with 1999 to 2002 C2 models selected.
My question is: Why do the 2001's seem to depreciate faster than the 1999, 2000, or 2002? Or is this some sort of anomaly in the AutoBaron data gathering?
tom
I think that 01 is the last model year for the MKI maybe that has something to do with it. That would leave 02 for the MK II facelift. I hope this helps....
That data is pretty noisy. You could draw any number of straight lines though it, so I'd suggest that's the main reason... for any given mileage, the spread in purchase prices is as high as $20-30K. That's astounding and too hard to believe.
I can't say why their data is noisy, could it be number of cars sold since the inception of the MY? Who knows? Anyway, I'm not sure I'd pay much attention to their data for the '01 and '02 MY
i would agree with reidn in that as the last MY before the facelift and hp boost, it tends to attract the least amount of interest. those looking at an 01 at a given budget should be able to stretch a tad to get an 02. that would be my guess.
I think it's based on asking price. I went back and looked closer at the listings and a lot of them are listed by AutoBaron as $0. Who knows how that may skew the lines.
I don't know how their average-price lines are calculated and they probably wouldn't tell us.
Thanks for the ideas...
tom
I think there's just a lot more variation in the price data. As someone else mentioned it appears the best fit line has a pretty poor correlation in comparison to the other years.