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I am starting to see a separation already, clean low mile cars are shooting up, while driver high mile cars are stagnant or falling slightly.
I figure my high mile, repaint car is 50% of what I paid for it now and falling.
I think people looking at high miles knowing it may need $30-40K to get right and still be a high mile car worth maybe $40-50K will walk away from these cars, which could hold their values down a bit.
Unless you're a shop doing a full six figure build, those are a category unto themselves.
creature Even DIY'er are looking at $8-10K for a top end rebuild. I have given up on making the car fun, at this point I will settle for not broken. LOL
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