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 Prowler appreciation/depreciation
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| Author | Topic: Prowler appreciation/depreciation |
Alex POA Site Supporter Prowler Junkie From:Westminster, CO USA |
posted 07-22-2002 10:10 AM
    
I have a 2001 Orange Plymouth Prowler which I paid 46K for new. That was the best price you could get a dealer to sell it for back in April of 2001. Question is.... At what time do you think this Prowler will fetch 46K from a prospective new buyer? Will it be 2 years, 5 years, 10 years, or never? Just wondering what yours thoughts are? Alex |
Wayne Finch      POA Site Supporter Prowler Junkie Personal ScrapBook From:Toronto, Canada |
posted 07-22-2002 10:17 AM
Good News - Your car, in good condition, will eventually fetch 46K again Bad News - It will be your grandkids selling it. A good car from the sixties sold new for 3-4K and would now fetch a lot more |
ETMIDZT POA Site Supporter Prowler Junkie From:Spring Lake, Mi. USA |
posted 07-22-2002 10:53 AM
Alex, I don't think it'll be or Never. I'm sure they will appreciate in value....When??????? Your guess is as good as mine! JMO |
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Prowler POA Site Supporter Prowler Junkie From:Erhard, MN |
posted 07-22-2002 06:53 PM
I wouldn't look for any appreciation in value until they dissappear from the dealer lots. Still too many of them out there. |
Paul POA Site Supporter Prowler Junkie From:Cedarburg, WI USA |
posted 07-22-2002 11:58 PM
The answer is never unless you can wait about 30 years. The used market won't tolerate a car priced at even 50% of today's cost unless all car prices go up to $60-90,000 new. It takes about 30 years for most cars to become interesting again but for now, buy a savings bond. You'll be tens of thousands ahead on a $30,000 investment. Also, only wrecks and common mileage will kill these Prowlers. Too much alloy, aluminum, and plastic, if well maintained, will make the vast majority of the 10,000+ made still around in 30 years. In the old days, rust did it's part to take out millions of otherwise collectible cars that just vanished over time. Only the stout-hearted protectors of common steel cars kept the balance of the interesting cars worth owning and/or restoring. My vote, don't buy this car thinking you'll make money, you'll only be disappointed. |
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Alex POA Site Supporter Prowler Junkie From:Westminster, CO USA |
posted 07-23-2002 12:13 AM
I never bought the car thinking I'd make money...I was thinking I would not lose money....wrong again. Alex This message has been edited by Alex on 07-23-2002 at 05:07 AM |
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