To: 2ndDivisionVet
The same thing happens with Ferraris. Customers who have good relationships with the dealers get first crack and then deep pockets with no connections buy them used (barely) for inflated prices.
To: 2ndDivisionVet
My first car was a 1965 Oldsmobile 442. I paid $1100.00 for it used in 1971. There is a clone of that car at a dealership nearby. It has 69,000 original miles on it.
It is currently priced at $26,000.00
To: 2ndDivisionVet
If they wanted to make life miserable for Musk, they could lower the price, increase production and give the Model S some real competition.
4 posted on
09/29/2014 1:08:52 PM PDT by
Regulator
To: 2ndDivisionVet
The reason, which makes used i8s so expensive, lies in high demand limited by the low production target set by BMW.
Gee that sounds like a crazy definition of free market capitalism.
6 posted on
09/29/2014 1:12:52 PM PDT by
Don Corleone
("Oil the gun..eat the cannoli. Take it to the Mattress.")
To: 2ndDivisionVet
Pre-SCR/Urea Injection diesel pickup trucks have appreciated in value as well... because the market, regardless of the questionable "authority" of the EPA, demands a product that does not have Tier 4 compliance nightmare hardware added to it to maintain.
11 posted on
09/29/2014 1:39:25 PM PDT by
Rodamala
To: 2ndDivisionVet
We saw one of those in a parking lot last week. My wife asked what it was, and I hadn’t a clue until I saw the BMW nameplate.
13 posted on
09/29/2014 2:08:33 PM PDT by
JimRed
(Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
To: 2ndDivisionVet
Hmm...maybe that explains why my offer to buy a mint ‘63 split-window Vette for $4000 hasn’t gotten any takers. Whaddaya know.
To: 2ndDivisionVet
When the Honda Accord first hit the U.S. shores in the ‘70s they commanded MSRP + the demand was so high.
25 posted on
09/29/2014 2:47:54 PM PDT by
Vinnie
To: 2ndDivisionVet
Dealerships catch on to this type of arbitrage very quickly.
28 posted on
09/29/2014 3:20:09 PM PDT by
Moonman62
(The US has become a government with a country, rather than a country with a government.)
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