Second Hand Used Car Market

[DrewII]

anyone noticed. last six months its taken a hit for six. they're dropping in price like they're going out of fashion.

couple S15s in extremely good nick on nissansilvia.com are going for well under 20k. and these are 5 year old cars.

skylines on these forums in the for sale section have been absolutely slammed

iv read articles its not just happening here its happening to second hand cars in england too.

i think imports are getting slammed even harder still as there are way too many here. 200s, skylines everywhere. too much choice. forcing the prices down even further.

by the way to safeguard the future sale of my car, im taking a deposit now for my car if anyones interested. its a 98 40th anniversary 67,000 kms. Black Pearl. 208kw at the rear. sale date 14th April 2013. Sale Price $5,000. Taking deposit now for $200. come in and grab a bargain.

anyone care to shed any other contributing factors to the demise of the second hand car?

[Johnny]

-New cars use less petrol and have 3-5 year warranty's

-Interest rates and inflation on everything makes affording insurance on a performance car a lil too much + fixing things that go wrong.

-Imports have a bad reps with police and EPA

-Fuel is at 1.50+ per litre and more for premium

Theres a few reasons; heaps more people are gonna add!

I couldnt give a crap though; A member wanted to buy my r34 gtr at the price i paid for it + what i added in mods and i had to decline because I couldnt find a car that is better and i have owned/test driven quite a few.

Who cares about depreciation and what your cars worth; why do people pay so much for paintings and art????? do they depreciate? or appreciate when you die; Ironic ey!

[INVRTD]

mmm if only i help out for 6months ild have paid for my car already, oh well as they say, its life, and sh*t happens, so enjoy it while you can