Tuesday, September 11, 2007

And Now Big-Ticket Cars?

Just an anecdote:

Jag XK8

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?

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