Price Collapse
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Take a look at this article on CNBC.com: "Looking For A Used Car? Look To Pay More"
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
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What does "punched" mean? Demo car which is now used?
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I've tried. I figure my car had an MSRP of 95, and I was looking at a turbo that was the same year and similar miles with an original sticker of 135. I figure my car has taken about a 36% hit since new and I would guess the turbo should be about the same which would have made the gap between both cars about 25k. I offered my car plus 30, and they told me to take a hike they were thinking more like 40, and didn't want to budge. The salesperson said that right now the thing that is hurting me is my car. They really don't want to take in anything on trade right now because they still can't get rid of the 08's on the lot.
I finally bought it but I hear ya -it's a hard deciosion.
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Take a look at this article on CNBC.com: "Looking For A Used Car? Look To Pay More"
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
CNBC is not a credible authority on anything.
Jon
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CNBC is great entertainment but that's about it. I have never made a dime watching CNBC but always enjoyed the show.
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So rather than dump at least $2k into a car that carmax was offering $10k for, I got the 997. I didn't want to spend $108k for a new one, so I got a used one. I mean, I really had no choice but to get a C4S. What else was I going to do
Last edited by CMOS; Feb 9, 2009 at 03:45 PM.
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Joined: Feb 2004
Posts: 29
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Take a look at this article on CNBC.com: "Looking For A Used Car? Look To Pay More"
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
http://www.cnbc.com/id/29097964
"Used vehicle prices have bottomed out and are moving higher." The basic premise of the short article is that people can't afford new cars now, so they are buying more used cars instead.
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From: Blaine, Wa (not in Irvine anymore)
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Here's $9k off a new 2009 C2s, without even asking:
http://www.princetonporsche.com/new/...TOKEN=88114209#
Maybe there's another $5k off just for asking.
http://www.princetonporsche.com/new/...TOKEN=88114209#
Maybe there's another $5k off just for asking.
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Jon
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From: Blaine, Wa (not in Irvine anymore)
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Sorry, I thought I had posted it. I'll try again. Sorry it is so long, but it is from a search I did.
http://www.autotrader.com/fyc/vdp.js...&seller_type=b
http://www.autotrader.com/fyc/vdp.js...&seller_type=b