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Thread: Vehicross Resale Value Skyrockets

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  1. #1
    Member Since
    May 2004
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    No VX anymore. :(
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    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.
    Steve

  2. #2
    Member Since
    Dec 2004
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    Former owner of Supercharged #0604, now in withdrawal
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    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.

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