91 Quasar Blue, 211 mi, sold on BaT

[DRM500RUBYZR-1]

Originally Posted by spork2367

You and I certainly agree to disagree on this, but I've been watching these cars for years and years, collecting data, doing statistical analysis, etc. Saying they have quietly been going up for years is misleading. They are higher now than they were 5 years ago. In that same span of time they were up, then down, then down more, then back up slightly...

The entire used car market is up 45%. Take a ZR-1 that sold for 30k two years ago and add 45% and you're at 43.5k. Now look at the exceptional number of low mileage cars that have come out lately. Two years ago a car like this might have sold for 55k. That would be 80k today. Add the "poorly informed impatient buyers premium" that BAT seems to bring and it's not that far off. Let's face it, a used Toyota 4Runner is up well over 55% in the last year. I'm not sure the price increase as of lately is anything more than the current car market inflation.

We can check back in another year or two and see where things are.
Short intervals often are quite volatile.
The long term trend has been up.
Time will tell how much and how sustained.
I would agree at some point there will be a period of retreat from the loftiest numbers.
Even so, the overall numbers will be higher than they have been.
Collectively, it was thought that the 100k days of ZR-1's died in 1990.

Good to see what has been happening.

The best part is that it helps at all condition and mileage levels, just not as wildly.

A toast to the future;
Whatever it may bring.

Marty