Quote:
Originally Posted by MITCH
Stevie, I'm just asking one simple question. Are the re-sale values of the PT Cruiser, Miata, Stratus, and mostly every other car on KBB and NADA inflated also, It sure looks like they have tanked pretty bad over the last 27 months?
Are you saying they just haven't caught up with our beloved Solstice?  I will never sell my Pristine "Christine"
Maybe they are giving it more credit then it's due? I personally believe when warm weather hits Mooseport, it will be worth what is reflected by KBB and NADA at the time.
Mitch  |
I cannot speak for them all. However, I know a bit about Crossfires. The used values for them are a LOT lower than original MSRP's, which gives the impression they have suffered from massive depreciation. However, I doubt may 06+ owners have actually had to eat that depreciation. The rebate on an 08 Crossfire was up to a staggering $8000 by the end of the model year from Chrysler, plus whatever the dealer would knock off down to invoice (or under). They were advertised new from dealers at $10,000+ off brand new. Yeah, you could get a brand new $30,000 Crossfire from under $20,000.
With that kind of discount, the actual depreciation that the owner faces is not nearly as bad.
A local dealer around here bought a bunch of remaining 07's from Chrysler and is offering them at better discounts. $12,000+ off MSRP.
Not saying there isn't depreciation, but it's probably less than it looks for the actual owner of the 06.
How the actual prices paid for used ones compares to KBB? No idea.
