sandpiper
Active Member
please correct me if I'm wrong BUT, the most BASE 70D with absolutely NOTHING added is $87,200 + the $1,300 destination fee, which comes to $88,500. The $8,500 tax credit is applied AFTER you've paid the provincial and federal sales tax, so it's not a NET $8,500 you're saving, it's closer to $7,000 to the net price.
That means $81,500, not $77K
Fair enough. Most cars depreciate 20% first year, 15% second year. Even assuming that the 81.5K 70D and the fairly basic 60 in question are equivalent vehicles (and they're definitely not), you'd be looking at around 55K on a private sale. 74K is still very high.
But, as always, it's worth whatever you can get.