And Now Big-Ticket Cars?
Just an anecdote:
My friend is trying to sell an XK8 Jaguar 2001. He placed ads in several of the most popular venues, and the Bluebook is presently $27,100.
He started the bidding at $28,900 about two months ago. Not one call....
Since then, to make a long story short, the price has fallen to $22,900. Still not one call....
This is very unusual, in my experience. Do you suppose the mortgage blues are contagious?
My friend is trying to sell an XK8 Jaguar 2001. He placed ads in several of the most popular venues, and the Bluebook is presently $27,100.
He started the bidding at $28,900 about two months ago. Not one call....
Since then, to make a long story short, the price has fallen to $22,900. Still not one call....
This is very unusual, in my experience. Do you suppose the mortgage blues are contagious?
Labels: economics, used car market
posted by Katy Delay at 11:35 PM
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