it's a buyer's market for uh....everything.
You know in the 90's we had "irrational exuberance" with stocks and this decade we had 'unsustainable leverage" with lending. And here we are.
I think these times make a great argument for buying used, no doubt new car purchases are going to see some of the biggest drops in depreciation we've ever seen. No doubt about it there will be fewer buyers of new and used.
Which makes me think if you are thinking of selling because you need cash well sell now. If you are not in cash crunch and have no plans for buying another car then you're better off forgetting about all that resale value stuff and enjoying your car because prices are heading south fast.
I have a feeling that well maintained, pampered Boxsters are going to do well 10-15 years from now. The 986/996 generation is going to be the one period that doesn't quiet fit into the rest of "round headlight" lineage of Porsche cars. It could become popular to "practical" vintage Porsche buyers because of its reliability and styling. I also have a feeling that although many many 996 and 986's were built only a very small % will still be in good shape in 10 years time.
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BORN: March 2000 - FINLAND
IMS#1 REPLACED: April 2010 - NEW JERSEY -- LNE DUAL ROW
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