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Cobra Forums
2020+ Shelby GT500 Mustang
Used 2020 Pricing Opinions
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<blockquote data-quote="fearthesnake" data-source="post: 16715356" data-attributes="member: 40345"><p>It's just crazy what Car prices have inflated to the past couple years. Like you said [USER=6727]@CobraBob[/USER] - there are folks who are overspending and at some point the market has to have a correction - IMO!</p><p></p><p>I'm starting to wonder if that is why you are seeing so many used - 1 year old Cars on the market? Owners know they can't pay $1,000K+ monthly payments on these cars and bailing, make whatever money they can and bolt.</p><p></p><p>Either way, I'll just hunker down a few months - save another few thousand and pay mostly cash come Spring or Summer time.</p><p></p><p>One other note, I have been watching ALOT of 2020s and notice they sit for months ($90K-$92K range) until the price drops to around the $85K-$87K mark and then they sell. That may be the price point these 2020s level off at. Just a guess.</p></blockquote><p></p>
[QUOTE="fearthesnake, post: 16715356, member: 40345"] It's just crazy what Car prices have inflated to the past couple years. Like you said [USER=6727]@CobraBob[/USER] - there are folks who are overspending and at some point the market has to have a correction - IMO! I'm starting to wonder if that is why you are seeing so many used - 1 year old Cars on the market? Owners know they can't pay $1,000K+ monthly payments on these cars and bailing, make whatever money they can and bolt. Either way, I'll just hunker down a few months - save another few thousand and pay mostly cash come Spring or Summer time. One other note, I have been watching ALOT of 2020s and notice they sit for months ($90K-$92K range) until the price drops to around the $85K-$87K mark and then they sell. That may be the price point these 2020s level off at. Just a guess. [/QUOTE]
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Used 2020 Pricing Opinions
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