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SVTPerformance's Chain of Restaurants
Road Side Pub
Truly impressed at the insane prices people want for used cars out there on Marketplace
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<blockquote data-quote="offroadkarter" data-source="post: 16981589" data-attributes="member: 79484"><p>I think prices are starting to come down but its going to take some time for overpriced crap to sit, sit, keep sitting, sit longer, and then people may realize we're not living in 2021 anymore.</p><p></p><p>I've been watching the Land Cruiser / Lexus Land Cruiser market for a while now and the series 200 trucks (08-21) are starting to drop below 20 grand now. Just 3 months ago you couldn't touch a 2008 with 250,000 miles for under 25 grand. I've found a few LX570's with 150ish on the odo for 19 grand.</p><p></p><p>Plenty of people think its still 2 years ago when it comes to pricing, the real question is how much of this is selling. I've certainly seen over priced junk sitting on marketplace for MONTHS.</p><p></p><p>Here is a great one I just came across earlier tonight, this E39 M5 sold 17 days ago for 18 grand</p><p></p><p>[URL unfurl="true"]https://carsandbids.com/auctions/r4ZXaJEx/2001-bmw-m5[/URL]</p><p></p><p>6 days ago it got listed on FB Marketplace for 28,000 dollars</p><p></p><p>[URL unfurl="true"]https://www.facebook.com/marketplace/item/397789732571104/?ref=marketplace_profile&referral_code=undefined[/URL]</p><p></p><p>I've seen a few really good deals on E39 M5's in the past couple of weeks, the market has softened on these cars (probably doesn't help that when prices shot up a buttf**k ton ended up for sale). This dude is living in 2021 if he thinks he's going to get 28 grand in this market for this car.</p></blockquote><p></p>
[QUOTE="offroadkarter, post: 16981589, member: 79484"] I think prices are starting to come down but its going to take some time for overpriced crap to sit, sit, keep sitting, sit longer, and then people may realize we're not living in 2021 anymore. I've been watching the Land Cruiser / Lexus Land Cruiser market for a while now and the series 200 trucks (08-21) are starting to drop below 20 grand now. Just 3 months ago you couldn't touch a 2008 with 250,000 miles for under 25 grand. I've found a few LX570's with 150ish on the odo for 19 grand. Plenty of people think its still 2 years ago when it comes to pricing, the real question is how much of this is selling. I've certainly seen over priced junk sitting on marketplace for MONTHS. Here is a great one I just came across earlier tonight, this E39 M5 sold 17 days ago for 18 grand [URL unfurl="true"]https://carsandbids.com/auctions/r4ZXaJEx/2001-bmw-m5[/URL] 6 days ago it got listed on FB Marketplace for 28,000 dollars [URL unfurl="true"]https://www.facebook.com/marketplace/item/397789732571104/?ref=marketplace_profile&referral_code=undefined[/URL] I've seen a few really good deals on E39 M5's in the past couple of weeks, the market has softened on these cars (probably doesn't help that when prices shot up a buttf**k ton ended up for sale). This dude is living in 2021 if he thinks he's going to get 28 grand in this market for this car. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Truly impressed at the insane prices people want for used cars out there on Marketplace
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