Vehicross Resale Value Skyrockets

[bumblebee]

Attention everyone that owns a VX. If you're going to sell a VX, don't sell it cheap. There are a lot of people out there that want one. Make 'em pay for it.

[transio]

Bumble,

It is very difficult to control the market value of vehicles, even when there are only hundreds of them on the market.

Ultimately, it will work like this:

At any moment in time, if the quantity of owners who want to sell their vehicles exceeds the number of people who want to buy them, the price will drop until the number of buyers exceeds the number of sellers, at which point prices will rise again. These are the peaks and valleys in market value. Holding out for more money could affect this slightly.

Long-term, you will see a curve with an upward or downward trend. There are many, MANY factors that affect that curve. What you want for your VX is a very minor factor and will not significantly impact it.

[TucsonVX]

Yea

[thedutchguy]

Why would one want to sell his/her VX ?

[thebear54]

MY THOUGHTS EXACTLY RICHARD !!!!!

John

[Beavertractors]

Lets all promise not to sell our VX's for book value,lets make our own price,say 30,000.99/99 If a buyer does not like it tell them its all Katrina's fault or even better blame the price on Bush. We can drop the price a little after a couple of weeks say 20-30 cents a gallon ect...

[SuperDave]

Attention everyone that owns a VX. If you're going to sell a VX, don't sell it cheap. There are a lot of people out there that want one. Make 'em pay for it.

As the de facto VX Cartel we should be able to dictate the price and control the market.

[transio]

Dave, that's only true if you can force owners not to sell.

[SuperDave]

Dave, that's only true if you can force owners not to sell.

No force - just mass self discipline. I can only say that I won't take a loss on mine (for now). We do need some pub though. I haven't heard of any recent Baja or Dakar runs. A "Pimp My Ride" or "Monster Garage" spot would be nice.

[transio]

Dave,

Believing that sellers can control prices on a parity item (e.g. a car) is naive.

You cannot force somoone to buy the VX for more than their perceived value of it. They will simply look at other vehicles, leaving more sellers than buyers, making market value drop even more.

The only way values will rise is when buyers exceed sellers.

[VehiGAZ]

I just read in Car and Driver that the entire used SUV market took an additional 10% depreciation hit in the second half of 2005 - mostly from the cold-bucket-of-water effect of the spike in gas prices.