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Mad market for used fuel-sippers CNN.com article

  #1  
Old 05-18-2006, 02:25 PM
ryanw183's Avatar
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Thumbs up Mad market for used fuel-sippers CNN.com article

I thought this was an interesting read. Wonder how long this will last.

The linkie.

-Ryan
 
  #2  
Old 05-18-2006, 05:16 PM
williaea's Avatar
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Location: Central PA
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Default Re: Mad market for used fuel-sippers CNN.com article

Probably until all the people who want high mileage cars have one - or until gas prices go down to the low $2.00 range. Just my opinion

Eric
 
  #3  
Old 05-18-2006, 05:37 PM
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Join Date: Apr 2005
Location: Orange County, CA
Posts: 174
Default Re: Mad market for used fuel-sippers CNN.com article

I just checked the KBB trade-in value of the 2005 HCH. With about 15,000 miles on the car, it is worth $20,900 as a trade in. I paid $19,500 in April 2005 before TTL.

This is unheard of, but we're driving around appreciating assets right now people (at least until gas prices or the hybrid craze dip).
 
  #4  
Old 05-18-2006, 06:39 PM
Civic Duty's Avatar
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Default Re: Mad market for used fuel-sippers CNN.com article

I know, I'm almost convinced to hawk my car and get a 2006 HCH for a few thousand bucks. Easier said than done, though. What a profit - I only paid 18k for mine anyway.
 
  #5  
Old 05-18-2006, 07:56 PM
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Default Re: Mad market for used fuel-sippers CNN.com article

^^^ Same here.
 
  #6  
Old 05-19-2006, 04:06 AM
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Default Re: Mad market for used fuel-sippers CNN.com article

This quote was interesting:

Those paying top dollar for a used Prius now may see prices drop later.

"It will happen," said Sherman. "There are only so many people that will find (a used Prius) that attractive and will pay that much for it"



Everyone should find a Prius attractive! sheesh.
 
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