Telluride TCO was doing really well pre-pandemic, so I did not judge my decision based solely on the chip-shortage era.
Yes, rising tides lift all boats but some boats were doing well before the tides rose.
I think some people assume these things just remain steady in value and don’t depreciate, and that’s why they are perplexed. That’s not what actually happens.
The delta between sticker and market price is close to 20%. When I drove my ~$42k EXP off the lot, it was worth ~$47k. Maybe 48. A year and 6,xxx miles later I sold it for ~$44.5.
So it did depreciate, by about $3,000 in its first year. While that number is suppressed by the conditions over the last year, that’s the steepest part of the curve and 2nd/3rd years are flatter. So I’m fairly confident that 3yr ownership of the refreshed model should see sub-$12k depreciation from sticker.