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#1 permalink
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Join Date: Sep 2006
Location: Wilmington, NC
Posts: 847
Gas Prices and Depreciation
Anyone see the price of SUV's, and other gas guzzling sports cars/sedans taking a dive now that gas prices are increasing so quickly????
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#2 permalink
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Join Date: Feb 2008
Location: Serengeti, CT
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new or used?
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#3 permalink
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Join Date: Jan 2007
Location: NC
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probably both. that's to be expected.
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Quote:
Originally Posted by
Gilley
I'm not sure why I still come here. Maybe it's for 750's engaging and knowledgable posts.
#4 permalink
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Join Date: Feb 2008
Location: Serengeti, CT
Posts: 1,062
I havent really noticed prices falling but I do know that you can't GIVE away a truck/suv in a trade now.. They will offer you a number so insulting that you'll just have to walk off the lot
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#5 permalink
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Location: Wilmington, NC
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Quote:
Originally Posted by
Sandman35
new or used?
new and used..but mainly used. For example..a low mileage E63 AMG would go for about 60k....i wonder if theyd take 50k due to the circumstances
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#6 permalink
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Join Date: Apr 2005
Location: Orlando, Florida
Posts: 3,679
If you have the jack to afford the gas, it's becoming a good time to buy a used SUV or truck at a nice price.
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Sean
Florida G35 Club OZOC Rotora
'03.5 Caribbean Blue 5at Sedan w/ a few mods, '04 Laser Red 6mt Vortech Coupe w/ many mods
#7 permalink
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Join Date: Jan 2008
Location: Tulsa, OK
Posts: 775
When I bought my coupe in January I was talking to the sales manager waiting, for my car, and he said sales of the new Q whatever huge Infiniti SUV had been pretty stable. I know prices have spiked since then, but if you have the $$ to afford that beast then filling it up probably is not a real worry. I think it stickered around 10/16 mpg(?)
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#8 permalink
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Join Date: Jan 2007
Location: NC
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Quote:
Originally Posted by
Looksfast
new and used..but mainly used. For example..a low mileage E63 AMG would go for about 60k....i wonder if theyd take 50k due to the circumstances
i dont think so. high lines are not as affected as the trucks and things like suburbans. if you can afford an E63, you can afford $4.00 a gallon.
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Quote:
Originally Posted by
Gilley
I'm not sure why I still come here. Maybe it's for 750's engaging and knowledgable posts.
#9 permalink
Over 10,000 Posts
Join Date: Jun 2005
Location: Wade County
Posts: 23,134
i have heard that resale values of ALL cars are expected to take a big dip. not because of gas prices, but because of the whole "recession" crisis.
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Gas Prices and Depreciation
