Quote:
Originally Posted by detroitboy
Buyers paid $20,000 over MSRP for a GT500 and now they are crying in their soup because the car has no resale value.
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Those folks deserve what they get. I can't think of a single, die-hard Mustang person I know that ever thought the GT500 would hold it's MSRP value, let alone thousands over that price.
Quote:
Originally Posted by detroitboy
They can't even sell brand new ones for MSRP (check the reruns on EBay week after week).
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Well, the GT500 has been available for purchase for over three years now, so I'm pretty sure the demand is nowhere near as high as it was in 2006.
Quote:
Originally Posted by detroitboy
I believe that the Camaro has a lot to do with the sales of the GT500 crashing. The rediculous price of the car over the Camaro is an insult to a buyer and has no basis. The lack of resale value combined with the over MSRP price the dealers had previously charged has given it a reputation as a vehicle to avoid.
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How can a car that does not even exist yet, affect past sales? I figure the "crash", as you refer to it, had more to do with the $4-5/gallon gasoline during the past summer than anything else.
Quote:
Originally Posted by detroitboy
A Vette is a much better investment and a better car with more options anyway and always was.
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This is laughable at best. If someone were looking at any car as an investment (which, by the way, very few cars are and certainly not new ones) a Corvette would not make the Top 10. BTW, when they offer the 4-seat option in the Corvette, let me know and I'll be the first in line to get one.