View Single Post
Old 05-05-2021, 01:31 PM   #15
Tcoat
Senior Member
 
Tcoat's Avatar
 
Join Date: Jul 2014
Drives: 2020 Hakone
Location: London, Ont
Posts: 69,845
Thanks: 61,656
Thanked 108,283 Times in 46,456 Posts
Mentioned: 2495 Post(s)
Tagged: 50 Thread(s)
Quote:
Originally Posted by RToyo86 View Post
You are right I just checked local listings and they are up.
The question is are they actually selling at those prices?

I wonder if they're setting the bar now for when everything gets delayed.
Either way I am happy if that's the case. More resale value it nice to sit on. I wonder if that effects insurance payouts.
The insurance payments will not be impacted unless book values go way way up.
Most that I saw were private sales so doubt there is much price manipulation going on.
Yep the asking price is probably rarely the selling price (especially private sales) but even if they are selling for 10% or 20% less the prices are still up. Not huge but up.
__________________
Racecar spelled backwards is Racecar, because Racecar.
Tcoat is offline   Reply With Quote