The idiocy of car pricing

So I’ve said before I’d love to find a BMW X3 for the cheap but they seem to be hard to come by so I expanded my horizon a bit.

I’m looking at either a Toyota RAV4 or a Honda CRV. But I noticed something – I searched on Craigslist and an curious thing happened.

An new Toyota RAV4 will run you about $21K. But a 2006 RAV4 has an ask of close to $10K, for a car that’s 8 years old. Insane.

Why do I say it’s insane – a Honda CRV is about $5K to $6K for a 2006. So why the $5K premium for a Toyota?

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s