Results 1 to 15 of 58

Thread: values of vx's going up?

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Member Since
    Feb 2012
    Location
    2000 Proton 0474
    Posts
    117
    Thanked: 0
    One might think the color would have something to do with the price, based on the amount of that particular color being built (210 firefox total) but with 479 proton's.. you might think firefox would sell higher, if that were the case on color based pricing.. not sure really.. I paid 5800 for my firefox and then had it custom painted proton.. because I wanted (had to have, NEEDED) proton.. but I recently saw on ebay some freak who was asking 17K.. dont remember what color.. obviously that seller was off the charts.. most I've seen over the years was 12K, for very low mile VX. I'd still say the average runs below 8K.. I work for a car dealer.. I can tell you during tax return season as a general rule, car dealers pay higher prices at auction.. and we sell out fast on used cars.. when tax return money runs out.. the prices drop back down to "normal" range for dealers.

  2. #2
    Member Since
    Feb 2010
    Location
    2001 VX 1320 -- Ebony
    Posts
    728
    Thanked: 19
    Quote Originally Posted by mborodi View Post
    I can tell you during tax return season as a general rule, car dealers pay higher prices at auction.. and we sell out fast on used cars.. when tax return money runs out.. the prices drop back down to "normal" range for dealers.
    What's the reason for that phenomenon? Does tax season provides an extra supply of consumer money, making them more "flush" and ready to send out the old and buy the new?

    As for the average value, you're probably right. The reason, I just explained in a recent thread. People simply don't spend the time and money to maintain a vehicle in showroom condition. They avoid most routine maintenance (even oil-changes in some cases) and they rarely spend the higher prices for drive-train maintenance. I don't think they chase after squeaks and leaks either. They typically let a car's condition "erode" into a state where the average buyer needs to let the existing state continue or spend a small-fortune to get it back to a show-room-like trophy.

    Cars are definitely meant to be driven -- and most people do just that.
    2001 Ebony VX and 1989 Custom 383 Corvette

  3. #3
    Member Since
    Jan 2012
    Location
    looking for a proton...
    Posts
    149
    Thanked: 0
    Quote Originally Posted by mborodi View Post
    .. I can tell you during tax return season as a general rule, car dealers pay higher prices at auction.. and we sell out fast on used cars.. when tax return money runs out.. the prices drop back down to "normal" range for dealers.
    this makes sense that its went up recently...i work at a retail store & ppl were spending a lot of tax cash. im sure some even bought or put down payments on vehicles during this time too.

    kinda like if you are not in a hurry and want to save on a purchase...buy a boat or motorcycle in dec. when its too cold for ppl to enjoy them + need christmas money. when spring & summer rolls around you wont be able to find either.

Similar Threads

  1. Don't look now...VX values up?
    By blacksambo in forum VX Talk...
    Replies: 12
    Last Post: 02/26/2011, 12:09 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
$lv_vb_eventforums_eventdetails