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Originally Posted by worthywads
Here's my take on the Purchase price/depreciation aspect of CR's analysis.
Looking at Kelly Blue Book I compared Suggested Retail Value for a 2003 HCH and HC EX, each with comparable options and 45,000 miles.
The Hybrid was $19,855 and the EX $16,080, Difference of $3775.
If the CR's premium of $4000 is correct then the Hybrid had additional depreciation of $225 dollars, not $2900.
Is that right?
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If the $4000 original premium is assumed then yes you are 100% correct and CR is in error by quite a bit. I'd send them a letter and see if they print a correction or retraction. This double dipping is nuts.
To really do it right you should not assume that the $4000 is correct and instead start with the actual cost new on both cars.