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Old 07-08-2011, 03:54 PM   #5 (permalink)
dmhenderson
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Location: Maryland
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Be aware that there has been a HUGE spike in used car prices recently due to a number of factors creating the "perfect storm" for the used car market:
-Recession in '08 caused people to quit leasing cars = much less used cars entering the market today than normal.

-Component supply (plus actual vehicle supply) from Japan disrupted due to tsunami

-People are keeping their cars longer because money is tight.

-Cars last longer.

-New vehicle loans at reasonable rates are only being offered to people with extremely good aggregate credit ratings.

Expect to pay at least 24-25k for that car unless the seller isn't paying attention.

If you're interested read:
Used cars set to become scarce, more costly due to recession - Jun. 21, 2011

...and here's KBB from a private seller:
2009 Nissan 370Z Coupe 2D Trade In Values, Reviews - Kelley Blue Book

~26k pristine
~24.5k good (most likely)
~22 fair (if it has had 'issues')

Last edited by dmhenderson; 07-08-2011 at 04:06 PM.
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