99,
Yeah, I was surprised by the depreciation this year too!! As you know, our cars could be twins. The original owner paid $60k for my car in '99 and I bought it in November of '03 with 58k miles on it for $23,500. A recent check on KBB showed the private party sale price to be about $21,700 in Hawaii so I've lost almost $2000 in one year. My wife's '95 SC400 depreciated by only $100 in the same period ... go figure. Of course, my depreciation of $2000 in a year is nothing compared to the original owner's depreciation of close to $40,000 in five years!!! Now THAT'S an expensive car to own. I used to buy new cars every 18 months or so but this LS experience has taught me to NEVER buy a new car/truck again unless I can get a special deal such as X-plan or A-plan as I did on my '02 F-350. I bought it for $36k and sold it two years later for $34k. I didn't get killed on the deal because a new truck in Hawaii should have cost close to $44k but I got a great deal through a fleet sales manager in CA.
:)