Quote Originally Posted by chrisdavis
You are comparing vehicles from opposite ends of the spectrum an economy SUV vs a higher end car. Also given the demand that still exists for Supras keeps the value high.

I had a 2000 Mirage and I have a 2001 Ranger. We bought both of them used (Mirage was 8mos old and the Ranger was 10mos old) and paid almost the same amount for both of them(10400 for the mirage and 9600for the Ranger) We had the Mirage for three years before it was totaled. The KBB value of the car was 2000 less than the payoff. I have had my truck 3 and a half years and I have had equity in it for almost 8mos now. I don't think it is as black and white as imports are worth more than domestics. Everyone can point to an example that supports their opinion.

What hurts the domestic market more than anything is the UAW, GM has to add an additional $1500 on top of the cost to build a car just to pay for pension and health care benefits for its present and retired employees. For Ford its about $1000 per vehicle. Import manufacturers are not unionized and that gives them an edge in the cost to build a car and keeps the MSRP closer to the build cost and slows the drop in its value.
lol, ever notice I never once mentioned mitsubishi when i refer to foreign vehicles and resale? Same goes for Kia, Daewoo, Suzuki (cars), etc. Even though Mitsubishi is on the same level as Toyota and Honda and make more parts for other manfacturers than both of them combined i still think, with the exception of the EVO, they are shit. Plus trucks will always have a higher resale than cars, but as i said before...compare that Ranger to a comparable Tacoma or a fullsize chevy to the Tundra and see what you come up with