Why is everybody missing the part about not in this market? there are good sports cars you can get for under 10'000 if you are patient and know how to shop.
You can get a lot more for under 10K if you know what to look for and willing to wait about 12 months.
Maybe ask again in 12 months? I feel like this whole "chip shortage" thing is a way for car companies to push MSRPs up, and dealerships to take advantage of absurd markups. On the other hand, I've been getting calls and letters from dealerships to buy my 2020 Toyota Tundra (bought in late 2019 before pandemic) for over $5k what i paid for it. Been really hard for me to turn down, especially knowing I'll be back at square one when I trade / sell it and have to get a new vehicle with an absurd markup
I think there is a lot of gouging going on throughout consumer goods but as always manufacturers will overcompensate to get in on the high prices and there will be a glut. It's crazy that a dealership is actually calling you to sell them a car, it's crazier that they know they can still make a profit. There is no sane reason for demand to be this high with prices this high.
I have a friend with a 1999 Honda Accord EX that he ended up with when a relative passed away. It has 130K on the odometer, which is low milage for a 23 year old 4 door Honda. I've seen it. The sedan is white, cloth seats, some minor dings here and there, but everything works. He had a plumber come over to do some work, who saw it in his driveway and told him that he could get $7,000 for it, easy. My buddy was thinking that he might be able to get 2K. Maybe. I don't think this will last, but right now used cars and trucks are sky high, even really old ones that are in decent shape, apparently. Crazy.
Used 2020 Tundra SR5s (near bottom of the line) are selling for $45k to $52k (way over MSRP when it was new 2 years ago). That's easy money for the dealership, just requires them to convince you to sell your car Before the pandemic, the only way dealerships could drive business was to sell at least 80% of its inventory below MSRP. I negotiated between several dealers to get the price I wanted, today that's impossible
There are huge enthusiasts right now for 80s and 90s era cars. One of which is a group called Radwood. In fact, they are having a Radwood car show in Austin next weekend https://www.radwood.com/
Not to thread-jack, but I'm actually considering selling my '15 Colorado with 70k miles on it. I'm just curious what I could get for it. Our family could definitely get by with just one car, at least for the next 2 years. So I'm wondering if I should sell my truck, get some sexy cash, then in a couple years buy a new used car - with the assumption that car prices will decline in a couple years.
If you can, I would do it or at least explore the option you might get into a bidding war, and you can get quotes pretty easily. https://www.theverge.com/22923871/carvana-pandemic-used-car-prices-sold-online-chip-shortage Let us know how it goes price wise. This is the random car buying thread, so not jacked at all.
I have always wanted a Maserati. A Grand Turismo or Quatroporte, you could get the Quatroporte for under 20 a few years ago, but they are a maintenance nightmare. from what I have heared and read they are much better since the new ownership. They build very nice to look at cars and have Ferrari motors. The Ghibli is an interesting one about 400 HP, will be watching prices over the next year. https://www.carvana.com/cars/maserati
Don't do it. Maserati's are terrible, you'll end up spending thousands just trying to keep it running. Anything Italian is bad, think Fiat 500. Have you ever known anyone to own a Fiat 500 for an extended period of time? I didn't think so...
Yeah I know that's why I was never really serious. I have rarely seen Fiat 500's Still love the look and performance of them, if I ever get **** you money I am buying one.
I had to talk someone thinking about buying a Giulia or Stelvio off the "stupid ledge". I told him Italian cars are great to look at, but if you plan on owning it for a while, you'd be nuts to buy one. Those things probably would break down twice just driving it home for the first time.
Looks like a used 4 door 2015 Colorado (non ZR2) are on the market for about $20k - $29k for decent miles like yours. https://www.autotrader.com/cars-for...teBanner=false&sortBy=relevance&numRecords=25 My guess is that you could be looking at an asking price of $18k to buy your truck from a dealership. Try going to Car Max just to ask and have them appraise what they'd offer, doesn't hurt to ask right Trucks in general are in high demand and have the highest resale value at the moment
I sold my 2010 Lexus GS 350 three weeks ago with 116K miles for 12K even with some hail dents I didnt repair and the leather breaking in the drivers seat. Very fun car and great gas mileage, I would of kept it if I didnt need more room. Ended up with paying to much for a 2021 Tundra 1794 CPO but really enjoy the Truck. I thought the Lexus would of sold for about 6k but the market is nuts.
^ Nice. I want an 2010-11 GS 450h for a daily driver. Even an 01-05 GS 300. Then an 08+ Sequoia as the family hauler.
