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Values Going up again?

1736 Views 29 Replies 17 Participants Last post by  Surveyor1953

Interesting result--Low miles but 2014--Auto Tranny. No MRC--Mebbe a plus for some?
Seems like it sold at what would be high end of estimates--53550 including BAT fees..

What recession??
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That's pretty atypical. SS values, home values, the economy, and probably the existence of modern western civilization as we know it likely peaked this time last year. It's like my buddy wanting to sell his 2014 Camry. I told him "It seems to be worth 12-15,000 dollars right now if you can find any American that can both write a check for 15,000 dollars AND wants to buy a 10-year-old sedan.

Sorry guys, been gone a while. SS forums was blocked at work for like 6 weeks.
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After 2 leaky rear shocks, the MY14 sounds attractive...!
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Bummer, we got the generic censors. Religion, guns, and porn. In that order. Work around, work around.👿

That's pretty atypical. SS values, home values, the economy, and probably the existence of modern western civilization as we know it likely peaked this time last year. It's like my buddy wanting to sell his 2014 Camry. I told him "It seems to be worth 12-15,000 dollars right now if you can find any American that can both write a check for 15,000 dollars AND wants to buy a 10-year-old sedan.

Sorry guys, been gone a while. SS forums was blocked at work for like 6 weeks.
That's pretty atypical.

Sorry guys, been gone a while. SS forums was blocked at work for like 6 weeks.

That's the point--outlier? or new trend--meaning inflation keeps going crazy and Papa Powell raises rates to Neptune rather than the moon...
How much were they new over there? 53k US is the equivelant of 80k Australlian. The last VF Commodores were only 60k here when new.
How much were they new over there? 53k US is the equivelant of 80k Australlian. The last VF Commodores were only 60k here when new.
$39.9K with the 20% discount in 2016 :D

At 50k miles right now and still in very good condition, never would have thought I'd have roughly zero dollars of depreciation over 7 years.
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Of course values will go up. I sold my car.
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Of course values will go up. I sold my car.
Fwiw, I wouldn't bet on them "rising" (if you could even consider it that being that this car only has 4400 miles) for very long. Our industry is reflecting a pending crash, possibly by the end of the year. Big money projects are being halted as we speak. Take a look at the prices that 3rd gen 4Runners are selling for on BaT. People are spending cash out the wazoo, period, when they should be prepping instead.
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I must say, I hadn't looked to see what they are currently selling for over here, but it seems they are on the up. This one is actually on the cheap side, with some of the dozen or so I just looked at being well over a hundred grand.
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Used car prices may indeed be going up. Three months ago CarMax offered us $7.5k for our 2015 Volvo XC60 with 50k miles on it.
Today they offered us $14k for the same car!
:D
We'll be picking up the K-tollah's new XC60 T8 hybrid with 455hp tomorrow. She says she doesn't need that kind of horsepower but will use every bit of it.
We're driving it up to Austin same day to see the GT races at COTA, my son's company is sponsoring a car and he knows some of the drivers.
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Used car prices may indeed be going up. Three months ago CarMax offered us $7.5k for our 2015 Volvo XC60 with 50k miles on it.
Today they offered us $14k for the same car!
:D
We'll be picking up the K-tollah's new XC60 T8 hybrid with 455hp tomorrow. She says she doesn't need that kind of horsepower but will use every bit of it.
We're driving it up to Austin same day to see the GT races at COTA, my son's company is sponsoring a car and he knows some of the drivers.
You can't go wrong with 455hp.
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Fwiw, I wouldn't bet on them "rising" (if you could even consider it that being that this car only has 4400 miles) for very long. Our industry is reflecting a pending crash, possibly by the end of the year. Big money projects are being halted as we speak. Take a look at the prices that 3rd gen 4Runners are selling for on BaT. People are spending cash out the wazoo, period, when they should be prepping instead.
While I agree with this and it seems logical--you have to wonder--It's the most forecast recession ever--and atleast if you look at Stonks--they don't seem to care 2 hoots...
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Considering we paid only $26k for our pristine 2015 SS with 48k miles on it, with all recalls and new shocks, tires, pads, even if the value didn't increase, we would still make nice money I think.


As for forecasting a recession, that seems to come from those who hope to make money from it. Otherwise, the US economy has been recovering very fast, and booming against the rest of the world. Doesn't look bad in most respects. And, while many worry about gas prices, remember that general inflation through the deacdes has raised the real price pretty much up to near what we are seeing in most states, those without sky high added taxes, such as WA. I remember paying $0.30/gal in 1967 for premium. Been a ton of inflation since.
While I agree with this and it seems logical--you have to wonder--It's the most forecast recession ever--and atleast if you look at Stonks--they don't seem to care 2 hoots...
No one has ever been a consistent market predictor. Best thing is to have a plan, asset allocation and stay the course. If you're at or near retirement, you should have less risk in your portfolio to weather a ~30% drop in stocks. If you're not near retirement, you should view any decline as getting more shares for your money :)

Whatever you do don't listen to those late night infomercials that tell you to take all of your life savings and buy gold coins from them.
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Ahhahahaha...
just got an email from Carvana. My SS is worth $30,839!
Ahhahaha
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Ahhahahaha...
just got an email from Carvana. My SS is worth $30,839!
Ahhahaha
Yeah, a few diff car resellers offered me between $11-13k for my clean c5 Z06 last summer but I knew they were out of touch. I sold it to a private party for almost $23k within two weeks of posting it. The buyer was super impressed with the state/quality of the car, something the car resellers simply couldn't appropriately appreciate. Simply put, the value of the car is what someone is willing to pay for it.
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Ahhahahaha...
just got an email from Carvana. My SS is worth $30,839!
Ahhahaha
At this point the windshield cowl alone may be worth that much...
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At this point the windshield cowl alone may be worth that much...
well if so i got one or two in the basement for sale!
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