Question about pure pricing and '05 vs. '06 xB
OK I am 90% sure that the xB is the right vehicle for me but I was wondering about a few things. Since it is already April would I be better off waiting until September when new model are typically introduced, to buy? I am thinking I should wait since there won't be a discount on the leftover '05 models since Scion doesn't really discount them.
A few advantages to waiting would be, a new model year so my new xB will be the latest model for a full year rather than 5 months. I kind of learned my lesson on this a few years ago when my wife bought a new vehicle in July which was only "new" for a few months before we took a hit on the depreciation. One other advantage would be that since I would be waiting I could put down a larger down payment which would reduce my payments or use the cash for upgrades.
Does anybody have any experience buying a last years model Scion when the new model year is arriving on the dealer's lot?
Thanks in advance for your replies
A few advantages to waiting would be, a new model year so my new xB will be the latest model for a full year rather than 5 months. I kind of learned my lesson on this a few years ago when my wife bought a new vehicle in July which was only "new" for a few months before we took a hit on the depreciation. One other advantage would be that since I would be waiting I could put down a larger down payment which would reduce my payments or use the cash for upgrades.
Does anybody have any experience buying a last years model Scion when the new model year is arriving on the dealer's lot?
Thanks in advance for your replies
There haven't been any significant changes for the 05 from 04 IIRC.
If you can wait and don't need a new car, why not? If you need a ride now cause your other bucket is falling apart, I'd say go for the 05.
If you can wait and don't need a new car, why not? If you need a ride now cause your other bucket is falling apart, I'd say go for the 05.
I don't think the yearly depreciation is solely based on when the new models come out. The way I see it, the difference of an older year model is offset by the fact that it doesn't have the average yearly mileage on it which is what most of that depreciation is based on.
What if they are so hot by then and especially if gas keeps spiking up, they might just raise the prices. I'd say a bird in the hand, I mean a Box in the hand...
What if they are so hot by then and especially if gas keeps spiking up, they might just raise the prices. I'd say a bird in the hand, I mean a Box in the hand...
I really didn't need another car until mid-August when my oldest daughter turns 16. But my dealer had several on the lot and my credit union still has 4.49% interest on new car loans. So the box became an early 45th birthday present to myself. I say go for it!!!
Well to help your wait.. i talked to scion and alot of other people and the realease date is July/August.. so theres a month off for ya!!! I am in your same position. i have now decided to wait for the 06 since i dont need a new car right now.
I think I will hold on a bit longer especially if I will only have to wait until July / August. If they do have '05 as the last model year I should still be able to pick one up here in Utah. Besides it may take that long to talk my wife into thinking they are not the quote "ugliest car on the road". One thing I have noticed is that some guys like them, some hate them but every woman I have asked loathes them. Oh well that is why it is for me and nobody else.
Originally Posted by fatnugget
I think I will hold on a bit longer especially if I will only have to wait until July / August. If they do have '05 as the last model year I should still be able to pick one up here in Utah. Besides it may take that long to talk my wife into thinking they are not the quote "ugliest car on the road". One thing I have noticed is that some guys like them, some hate them but every woman I have asked loathes them. Oh well that is why it is for me and nobody else.
If the projections of $2.75-$3.00 per gallon of gas by summer come true, I suspect that xB's will be in high demand. '05s will be sold and there will be a waiting list for '06s.
If you are going to get one and keep it... then don't wait. If you keep a car 5-6 years, the 1 yr model difference in value isn't much.
If you are going to get one and keep it... then don't wait. If you keep a car 5-6 years, the 1 yr model difference in value isn't much.
i think xB gets new model year this summer, I am not sure, but I think that's what they said when I asked about the iPod connector to my regional rep. I am 99% sure that he mentioned them considering the iPod hook up for xB in 06, which doesn't mean that they are definatly doing the iPod jack, but it does mean they are builind an 06 xB . .. .







