Quote:
Originally Posted by thstone
My 2002 BMW X5 went from $58K new to $11,500 when I sold it in 2010.
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How much work ($) was outstanding when you sold the X5?
p.s.
I don't think a comparably priced Boxster was down to $11K after only eight years.
Well, not if year eight came before the stock market crash/credit crisis of 2009.
I was checking prices pretty regularly back in 2007-2008 as I was about to add a red/tan 996 C4S and just park the Boxster during winter.
Glad I backed off. 996 prices took a
severe beating begining in 2009. Some dropped $30+K in a single year. I knew of one guy
who picked up a 996 Turbo for less than $30K cash. And if we ever fall into a similar credit crunch (feasible) I'd hate to see what would happen to those lofty 991 prices.