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V8's will not sell soon once gas is over $6 a gal.
Nothing will sell if gas gets to $6 a gallon because everything else will also go up. Look at the cost of lumber, and raw materials like steel and semiconductors.
The cost of production has shot up for most manufacturers because of higher input costs, particularly raw materials such as steel. ... The price hikes are also partly a result of higher fixed costs, lower capacity utilization and overheads such as expenses related to covid safety protocols.
The clincher for buying my 97 Civic was the manual steering and manual trans. Yeah, that’s old guy tech, but given that we’ve had two snow events this year, the latter of which was the Texas icepocalypse, I’m certain I made the right play. My Civic is a veritable billy goat. It was able to travel up hills my 17 year newer van just can’t, for reasons largely due to lack of tech: I could feather the clutch up a hill, and the steering gave really fine and granular feedback. I ended up driving close to 100 miles in variously terrifying conditions, and while I had a few slippy slidey incidents, I was able to recover thanks to the steering feedback which you just don’t get today.
That’s anecdotal, but other things such as tech play a role. Screens and automated manual transmissions have a shelf life which older cars don’t.
So yeah, I get why some of these cars’ stock is rising.
LOL my bad. The post just sounded a lot like the recent "new bad, old good" posts here.
Apologies!
There is some reality behind the "new bad, old good" reasoning...the dot com and housing crashes. Both those events had significant influences on corporate behavior (and the quality and longevity of subsequent products).
I’m hoping to sell my 2005 Cavalier for $20,000.
Unless it's a unicorn, domestics typically are worthless. A 2005 Civic SI can go for that much in good condition, in fact a 2000 Civic SI with just 40k mi or less and good body sells for $20-25k They hold value super well.
Unless it's a unicorn, domestics typically are worthless. A 2005 Civic SI can go for that much in good condition, in fact a 2000 Civic SI with just 40k mi or less and good body sells for $20-25k They hold value super well.
A Contour SVT with low miles in good condition would be worth big $$$. If any exist!!
Mine ended up being the cheapest Contour one could buy.
When I sold it, I got 3X what a "regular" Contour would fetch.
It easily held its value as well as the imports.
Plus I got to drive a cult favorite for five years.
04 R32 was an anomaly for sure. I drove one, didn't buy it but I should have.
M3's? Everyone has their favorites, E92s were great until you consider the rod bearing issues and the fact the F80 absolutely crushed the performance numbers on the E92s. Local dealer just listed a 3 year old F80 w/13K miles and a manual trans for 65K (that car maybe was 75-78K new!). It seems the manual cars are bringing stronger money than the paddle shift/SMG cars.
I really can't understand 100-200K for mint E30 M3s. Cool cars but not 200K cool!
To those of us who understand, no explanation is necessary, to those who don't, no explanation is possible.
You would have to drive one to get the point, and that's getting more difficult all along, I certainly won't let anyone else drive mine.
But, for those seeking a good used car. A nice 10 year old one owner no accidents no rust low miles car of any kind is a good choice.
Except those with poor quality records.
If you’re in need of modern safety features you probably should not be driving. Technology won’t save you from stupid people.
I kept my 2002 boxster with it’s less modern tech and stable flat 6. It will certainly be more sought after than the 4 cylinder boxster now in production.
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