New Cars for 2016
Posted: Fri Jan 01, 2016 8:28 pm
Tailgate with the Asian students here at UO and you just might.allcat wrote:Can I tailgate with the Bugati?
I have some favorites and ALL of them are out of my price range. I always figured I would wait for the prices to fall on the used versions. That is not happening. For most of the exotics they are building fewer than the demand so they sell all of them. Many investors are now buying these cars to re-sell them in a year or two. Since I am a Porsche lover I will site 2 examples. The Carrera GT sold new for about $420K now 5 years later the used ones are selling for $1.2M. The new Porsche 918 sold new for around $900K and after one year the used ones are $1.8M and up. Never seen this before with the exception of the muscle car classics.WeedKillinCat wrote:I'll take the Ford GT...but it might be out of my price range so maybe I'll have to look at a 2016 Shelby GT350-R.....
I agree. Even some of the 2004-06 Ford GT's are going for over $300K. 10 years ago they were at $150K.gtapp wrote:I have some favorites and ALL of them are out of my price range. I always figured I would wait for the prices to fall on the used versions. That is not happening. For most of the exotics they are building fewer than the demand so they sell all of them. Many investors are now buying these cars to re-sell them in a year or two. Since I am a Porsche lover I will site 2 examples. The Carrera GT sold new for about $420K now 5 years later the used ones are selling for $1.2M. The new Porsche 918 sold new for around $900K and after one year the used ones are $1.8M and up. Never seen this before with the exception of the muscle car classics.WeedKillinCat wrote:I'll take the Ford GT...but it might be out of my price range so maybe I'll have to look at a 2016 Shelby GT350-R.....