|
Depreciation
Who else has noticed that 911's have been aging on various & popular websites and not selling?
I have seen cars moved from dealer to dealer. I have seen cars meet 2/3's of asking price on auction sites. I see a glut of turbos. I see Haggarty low #3 or #4 cars with obscene prices and not selling. I see many good quality cars with documentation when 1-2 years ago I'd see maybe 1.
Is it a glut of product, increasing interest rates, less foreign buyers, or something else?
|