| Message: | | since the C6s came out. As you well know, alot of these cars are 3rd and 4th cars, driven 4k miles per year, with thousands of dollars in aftermarket equipment added. A nice 2002 they might think is worth $35k, is fetching $25k if they are lucky. The bottom really dropped out of their market.
Same on a lot of high end sports car boards. $4 gas was just the final blow. The slowdown began with the housing bubble burst. Once the home prices dropped, it became apparent many guys were using home equity loans to buy their toys. When their ATM dried up, the cash flow for their toys was turned off.
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