it looks like the Magnum has gone up in value.
"From a 2017 price of $59,290 plus on-road costs, the Magnum ute manual is now worth a maximum $60,500 as a private sale according to the resale guide"
I suppose if you take it at face value, the MAX increase is $1200. But there's a couple of issues with that.
- Redbook is a guide only. Whilst reasonably accurate, it is still just a guide.
- I don't know anyone who has paid the sticker price for a private sale car on carsales, and i'd hazard a guess this magnum won't be any different. I'd aiming for at LEAST a grand off one advertised over $60k
- The comparison price quotes the $59,290
plus on road costs. This has to be factored into any realistic price increase or in fact decrease. Given the
ORC's were around $5k and you weren't driving your magnum anywhere without paying them, that puts the ACTUAL cost at around $64k this time last year.
They may very well increase into the long term future, but this sort of article is really pie in the sky stuff...
EDIT -
@panhead beat me to it re the ORC's....