Quote:
Originally Posted by ssrszz4
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It is for smart sellers and buyers.
If you want a really good car now, you have to pay up.
Unfortunately, there are those that think if one car sells for $10,000.00, then none could be worth considerably more.
That is simply wrong.
Low mile cars that have been properly maintained are getting harder an harder to find, and the premium for them continues to be strong and getting stronger.
The cars that were used like a toaster, continue to be inexpensive to buy, yet require added cost to bring them back as much as possible, or as much as the budget will allow.
As the other poster noted, C-6 ZR-1s can easily be found in the 50's with reasonable miles, and yes that is 50% or more below their cost new.
That is the way it works for most all higher end cars. Heavy depreciation in the early years; a gradual slowdown; a bottom reached; then a slow climb back.
C-4's have bottomed. C-5's 6's and 7's still falling.
C-1's, 2's and yes even the rubber bumper 3's all climbing.
I also very much agree with a statement above that said those who score the real nice cars now in the high teens to low 20's, will look like they stole them a few years from now.
Buy, upgrade, drive and enjoy!
Marty