Hey guys, i've had my heart set on a gallardo. I've been researching the depreciation in value for the gallardo.

MSRP brand new gallardo: 220k

the 04's have already dropped 70k, so they cost around 150k ,miles ranging from 1k to 10k.

question is, how much more will the 04's drop in the next year or 2?

thanks to all

Given that Audi/Lambos are now relatively mass produced with all you want no waiting, I wouldn't be surprised to see 120K in another year and a half.

A general rule of thumb: 30% the 1st year, 10% for the next 2, 5% for a few more, then it levels out.

With an original MSRP on a 2004 model of $169K the first year it would have been at $118K. Formula dosen't apply to these cars.

Well you may be right. According to nada.com an 04 g is now worth 130k. A 20% hit from 165k new. But keep in mind, that is if you can find a buyer who will pay it. If a person has the capacity to spend 150k+ for a car will probably buy a new one further driving down the value of used. Because of this, your only outlet to unload the car is at the dealer using it as a trade in towards a new one. The dealer is not going to give you anywhere near nada retail. He has to buy it right so he can recondition it (No matter how nice you think your car is, they all go through this process), then he will retail it at nada guide.
On paper the dealer will show you $130k for your trade. The reality behind the scene, he is only giving you $100k. Thus a 40% depreciation.
This is the unfortunate truth that I have learned after working for an upper-end new car franchise for 20 years.
To test my logic, drive on to any upper-end dealer lot and say something like "I need to sell this car outright asap. What will you give me for it?"
I hope this explains it a little better. An item (not just a car) is only worth what someone will actually pay for it.

Oh yes, if your talking wholesale value just bend over!

Well, yes by default. It is very difficult for a private party to sell these types of cars outright to other private parties. They may need financing, or have a trade in. Neither of which a private seller can accommodate.
Not to mention, do you want every Tom, Dick, and Harry coming over to your house? You know they are going to want a test drive.
Unfortunately, sometimes the only way to sell the car is through the dealer.
Now the depreciation dilemma comes full circle.

I know what you mean, I always dread selling, all the time it takes and PPI's of which I am not very receptive to doing for anybody, a ton of questions....Maybe wholesaling isn't so bad after all.

Documentation fees, taxes, lic plate, acquisition fees, destination charges, muffler wax, etc