Prices Keep Drifting Up
#4501
Burning Brakes
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#4502
RL Community Team
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#4503
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Thread Starter
25k 2004 4s cab 6 speed hits $46k on BaT yesterday and doesn’t meet reserve!! As we approach the 1 year anniversary of this thread’s creation this non sale demonstrates “prices drifting up” quite clearly. This was a low $30k vehicle pre-covid.
Last edited by Optionman1; 01-05-2022 at 11:21 AM.
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wdb (01-05-2022)
#4504
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brontosaurus (01-05-2022)
#4505
RL Community Team
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Are y'all using Bring a Trailer as the only data point? It looks like with the wider audience BaT is fetching higher prices compared to Cars & Bids and PCar Market. Even the 996 Turbos on Cars & Bids are significantly less expensive than on BaT.
996 Auctions on Cars & Bids: https://carsandbids.com/search?q=996
996 Auctions on Pcar Market: https://www.pcarmarket.com/search/?q=996
996 Auctions on Cars & Bids: https://carsandbids.com/search?q=996
996 Auctions on Pcar Market: https://www.pcarmarket.com/search/?q=996
#4506
Rennlist Member
I am just glad he was kind enough to not only post them here, but also in the 'New Oil Analysis' thread at the same time.
#4507
The 4S stuff on BaT has gone wild. I don't have the energy to look/back this up but I think 996 C4S have risen more (gained value) than 996 "regular" turbos (non X50/S). That's just my gut feeling while watching from the stands.
Last edited by GoGoDoDo; 01-05-2022 at 11:55 AM.
#4508
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#4509
Rennlist Member
Online auction sales have become a game that dealers are playing. Think about it. You can throw whatever you want online, say whatever you want, and see what sticks. Most importantly, it's bought at a distance where no one has to look anybody directly in the eyes.
You can also see that prices are consolidating. Stimulus money has ended, millenials are thinking thru their next steps, and dealers continue to be squeezed with new and used inventory looking for ways to generate revenue.
And the games continue...
You can also see that prices are consolidating. Stimulus money has ended, millenials are thinking thru their next steps, and dealers continue to be squeezed with new and used inventory looking for ways to generate revenue.
And the games continue...
#4510
It was definitely mellinials rich with 1600$ checks that drove up the collector car market
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GarrettSR5 (01-05-2022)
#4511
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#4512
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I would bet a bottle of Luis' favorite whiskey, that the majority of folks on this thread tracking prices, those buying on BAT and the majority of new 996 owners are Millenials.
The Millenial generation is the largest population group in the history of the US, far superior in numbers than Boomers. And Millenials are now entering their rising earnings years from 40-65.
Whether it's an extra $1600 or not, they are the major buying force.
The Millenial generation is the largest population group in the history of the US, far superior in numbers than Boomers. And Millenials are now entering their rising earnings years from 40-65.
Whether it's an extra $1600 or not, they are the major buying force.
#4513
I would bet a bottle of Luis' favorite whiskey, that the majority of folks on this thread tracking prices, those buying on BAT and the majority of new 996 owners are Millenials.
The Millenial generation is the largest population group in the history of the US, far superior in numbers than Boomers. And Millenials are now entering their rising earnings years from 40-65.
Whether it's an extra $1600 or not, they are the major buying force.
The Millenial generation is the largest population group in the history of the US, far superior in numbers than Boomers. And Millenials are now entering their rising earnings years from 40-65.
Whether it's an extra $1600 or not, they are the major buying force.
does this look like a millenial? lets get real stereotypical
Here are the first two active BAT 996 listings
https://bringatrailer.com/listing/20...nniversary-65/
https://bringatrailer.com/member/staz32/
#4514
I will 100% concede that they may fit the age definition of a millenial, but anyone buying a car on BAT is going to be the exception, not the rule