My car is worthless
11-21-2008, 12:49 AM
#16
Pro
Last time I checked (earlier today) that sky was not falling!
As stated above, this is a great time to buy. I'm saving up to buy my second Porsche in 2009, so while I bemoan my stock market losses, I'm happy that I'll probably have an opportunity to buy my dream car for a great price!
In the end, everything will be OK. If it's not OK, it's not the end!
As stated above, this is a great time to buy. I'm saving up to buy my second Porsche in 2009, so while I bemoan my stock market losses, I'm happy that I'll probably have an opportunity to buy my dream car for a great price!
In the end, everything will be OK. If it's not OK, it's not the end!
11-21-2008, 12:33 PM
#17
Three Wheelin'
Thread Starter
I dunno. Bearclaw has a bit of a point. There are 965s on ebay that were going for 70-80k down to 57K for the one I just saw. There is a guy near me selling one with 48K miles (92) for 40K. I was going to try to sell mine and make a run at his, but this thread has made me think I won't get much for my car.
It's not all junk out there on the market, either; I'm seeing cars for sale that I'm certain the owners never intended to ever sell, but cold realities have forced their hand. As was pointed out, if you were a good squirrel and packed away your acorns, this would be an outstanding time to be a buyer. Always opportunity in adversity.
11-21-2008, 01:50 PM
#19
Three Wheelin'
Thread Starter
I don't know her personally, but I do know Jessie, a friend of hers.
I was at the car show, talking to a Ferrari salesman, a British fellow. I said, "How's business?" He replied, "Oh, October was a little tough. But no worries, our clients are basically recession-proof."
I think the same thing applies to young ladies like Tessa and Jessie...
11-21-2008, 04:30 PM
#20
Nordschleife Master
"It will have sentimental value when the Apocalypse comes. "
I picture you in your worthless car
driving in the outback chasing a gas tanker .
http://www.dvdrama.com/upload/Oreo33-mad-max-2-04.jpg
http://www.madmaxmovies.com/cars/mad...palaAttack.jpg
I picture you in your worthless car
driving in the outback chasing a gas tanker .
http://www.dvdrama.com/upload/Oreo33-mad-max-2-04.jpg
http://www.madmaxmovies.com/cars/mad...palaAttack.jpg
11-21-2008, 04:50 PM
#23
Three Wheelin'
Thread Starter
I feel better. That '59-'60 vintage was my favorite. Would almost trade the Porsche for one.
11-21-2008, 06:14 PM
#24
Now I'm a bit worried..am I suppose to know how many cans of beer my car is worth?...
Kinda of depressed if we aren't using the USD any longer to value stuff. So would you value houses in kegs?
Kinda of depressed if we aren't using the USD any longer to value stuff. So would you value houses in kegs?
11-21-2008, 11:00 PM
#27
Buying any mass produced car as an investment is a fools game; especially if you drive that car. Cars are transportation or hobby. A Porsche can be both and a used Porsche has already lost the majority of it's depreciation. So, you may not be able to sell your car for a profit but you can enjoy it. More than can be said for an Accord or Camry. Be happy and enjoy your car.
11-21-2008, 11:48 PM
#28
Instructor
As for the original topic of this thread, 964 values, I've been looking for a base car for a track project and I don't see people 'giving them away' yet as I originally hoped.
There has been some discussion of turbos selling for less, but my opinion is that they have been overvalued the last year or so and they're finding their true market value (flame away), just like the housing market.
As for eBay values, please, eBay is a joke for trading autos and contributes nothing to determining true market value. As thousands have said on this board, a car's value is based solely on what someone is willing to pay and sell.
OK, I feel better now.
Ask yourself this question. If you're hungry and can't feed yourself or your family, how many cans of beans is your car worth?
We've seen the tip of the iceberg with this "moderate recession." We're in for a depression like none of us have seen before. Get ready because the pain hasn't yet started. Forget about your portfolio, forget about what your home is worth, forget about your car's depreciation... The fake economy is about to come crashing down, exposing the real economy (or lack thereof), at which point we will actually have to start producing things.
Nobody knows what will happen, myself included - but one thing is for sure, the days of easy money and lots of disposable income are over for most of the population.
We've seen the tip of the iceberg with this "moderate recession." We're in for a depression like none of us have seen before. Get ready because the pain hasn't yet started. Forget about your portfolio, forget about what your home is worth, forget about your car's depreciation... The fake economy is about to come crashing down, exposing the real economy (or lack thereof), at which point we will actually have to start producing things.
Nobody knows what will happen, myself included - but one thing is for sure, the days of easy money and lots of disposable income are over for most of the population.
11-22-2008, 02:29 AM
#29
Racer
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http://cgi.ebay.com/ebaymotors/Cars-...1%7C240%3A1318
See? This is more like it and it has alot of time left.. I expect to see this one hit 17K or so which isnt terrible
See? This is more like it and it has alot of time left.. I expect to see this one hit 17K or so which isnt terrible
