Quote:
Originally Posted by Johnny Danger
To see 986 boxsters selling below 10k, is just incomprehensible.  To think that many of these vehicles once sold new for 40k to 60k+ is just gut wrenching ! I shutter to think what kind of "cornholing" I would get if I ever decided to sell the Dangermobile.  |
Don't feel too bad nearly all luxury German cars are faring no better. I don't know if it was primarily due to the credit bubble of 2001-2007 that in addition to real estate also fueled a huge number of cars that people couldn' afford to own, certainly not long-term. The used car market is now just a big glut of expensive cars. Making matters worse now are these insanely low interest rates which make getting into a newer really expensive German car a piece of cake. So those people dump their over-priced, barely 3 year old cars onto the market as well.
We are going to be up to our eyeballs in Porsches, BMWs, Range Rovers, Audis and Mercs for a long time to come.