One GREAT Reason to Buy a Yaris!

[nemelek]

Originally Posted by roxy1

if you want to know about yaris resale, get this: i bought the yaris new in june 2007 for $12800 which was pretty much retail (3 dr hatch, 5 speed, conv package). 1 year and 3 months later (sept '08) and 21k miles and i got $11,100 trade in value. this was not in lieu of fiddling with the corolla price, which i got for $300 over invoice. i may have sold it for more privately, but not by much. for me it was worth avoiding the hassle.

that is a 13% loss in 15 months and 20,000 miles. i was impressed.

Usually you an sell a car on your own for more money. However, tax is a consideration when trading in. In Colorado we pay tax on the difference between the price of a new car and the amount that you got when trading in. In your case 11,100 X .07% = $777. I would have to sell the car to a privet party for $1,000 more than trade in to be worth my time and effort.