|
Registered
Join Date: Apr 2007
Location: Hudson Valley, New York
Posts: 4,263
|
The market starting sliding after Brexit and continued through the election, at least for early 9 series and 356's. The European's got a little scared and stopped buying with gusto and taking them out of the equation really hurts the market. I had guys who went from buying 3-4 cars at a time in May/June to beating me up on price for one come October/November. Nothing sells in the winter so it's too early to say anything about 2017. We normally don't sell anything between December and March, the only people really buying during that time are dealers stocking up for Spring, so if you sell in this time period you are normally wholesaling. There are exceptions, but generally this is all true. Hoping Spring picks back up where last Spring and Summer were, I have a whole yard full of stuff to sell and if the market keeps slipping it won't be fun.
This is my take, I'm sure some will argue but I sell a lot of Porsches and watch/hear a lot of deals happen, so my sense of the market is normally pretty good.
---Adam
|