I've started to hear car dealer ads on the radio again. Inflation report for August is very bad, and more interest rate hikes are coming soon.
If I dealt cars I'd have dumped my inventory a couple months ago. The car value cycle is coming down, like the laws of economics dictate, and history shows is normal and expected.
Buyer's market incoming!
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matthew1
- Site Admin
- Posts: 14483
- Joined: 14 September 2002
- Year and Model: 850 T5, 1997
- Location: Denver, Colorado, US
- Has thanked: 2658 times
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Buyer's market incoming!
Help keep MVS on the web -> click sponsors' links here on MVS when you buy from them.
Also -> Amazon link. Click that when you go to buy something on Amazon and MVS gets a cut!
1998 V70, no dash lights on
1997 850 T5 [gone] w/ MSD ignition coil, Hallman manual boost controller, injectors, R bumper, OMP strut brace
2004 V70 R [gone]
How to Thank someone for their post
Also -> Amazon link. Click that when you go to buy something on Amazon and MVS gets a cut!
1998 V70, no dash lights on
1997 850 T5 [gone] w/ MSD ignition coil, Hallman manual boost controller, injectors, R bumper, OMP strut brace
2004 V70 R [gone]
How to Thank someone for their post
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FireFox31
- Posts: 1635
- Joined: 14 August 2006
- Year and Model: 2000 V70 NA auto
- Location: New Hampshire
- Has thanked: 158 times
- Been thanked: 300 times
I'm bummed that I just bought a used car. I had been looking for that exact year, make, model, color, options for over a year and a half, gradually watching prices rise. The one I was waiting for appeared, I waited a few weeks for its price to drop a tad, I tried to negotiate hard to get the price even lower. And yet, I still overpaid. But I had been waiting so long and this exact vehicle was so hard to find that I had to buy it.
I'm not excited about selling the two hoopties that I have. Should have moved one a year ago.
I'm not excited about selling the two hoopties that I have. Should have moved one a year ago.
FireFox31
Blue 2000 V70 NA manual, "the V70" - died, reborn, totaled, donated, stripped
Green 2000 V70 NA automatic, "the G70" - awaiting 2nd rehab
Black 2000 V70 NA automatic, "Geronimo" - rescued, rehabilitating
Blue 1998 V70 T5 manual, "the T5M" - awaiting rehab
Blue 2000 V70 NA manual, "the V70" - died, reborn, totaled, donated, stripped
Green 2000 V70 NA automatic, "the G70" - awaiting 2nd rehab
Black 2000 V70 NA automatic, "Geronimo" - rescued, rehabilitating
Blue 1998 V70 T5 manual, "the T5M" - awaiting rehab