Originally Posted by Daedalus

How did you come up with that #? A quick search suggests it's worth about $6k right now. You think it'll lose 1/2 that value in a year? I think it'll be closer to $100/month over the next year, and maybe $3k over the next 3 years. I see used 2008 S60s going for ~$8k below their invoice prices, so $500/mo may end up being slightly conservative. Aside from the hit on day 1, depreciation rates (as a %) are fairly consistent over time for a given vehicle, though they can vary quite a bit across different models.