Quote:
Originally Posted by patrickt
OK, so it sounds like the market is either going up, going down, or staying about the same.
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Despite the world market (not just cars), Cobra prices are hit and miss, color combination seems to be a deciding factor right now vs a 300hp, or 647hp powered car. Automatics still take a 30% hit, as do wild color combinations like Purple with orange stripes (California back in April on craiglist, unsure of the brand) and grey leather interior. Backdraft in particular seem to change hands quicker than most others,both low mileage, under 1 solid year of ownership, as well as the secondary market, and at prices less than what is advertised for a like and kind model (color, HP, etc). Again, as an owner looking to sell, you can ask whatever you want for your car, that does not mean you will find a buyer if a similar car is available at 20K less. Same goes for how motivated a seller is, the more motivation, the more of a haircut they are willing to take on a car they have owned for a short time period.
Hope this helps to clarify my post #11 that you responded to.
Bill S.