Used Car Prices
Used Car Prices
Kiplinger says strong used car prices up about 10% will help states by increasing sales tax on sales, and personal property taxes in 30 states that assess such taxes on cars. Interesting side note - dealers will be happy as well, since gross profit margins on used cars are three times as great as on new cars. I think they are actually more than 3x.
2009 Vibe 1.8L Carbon Gray AT Power Pkg 1/12/092003 Vibe 1.8L Neptune AT Mono Power Pkg 1/27/03 [sold 2/2/09]2007 T&C SWB 7/31/07 "Broke people stay broke by living like they're rich. Rich people stay rich by living like they're broke."
Re: Used Car Prices (jake75)
7% Here on whatever I buy.
09 VIBE08 G694 GRAND AM93 GRAND AM85 VETTE78 VETTE
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tpollauf
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Re: Used Car Prices (TONY TAT2)
It's not bad here in NW Ohio .... YET 6.5% in Wood County (Bowling Green) and 6.75% in Lucas County (Toledo). As far as used car prices in general, I think they are higher now than they have been in a while. Hell I still couldn't buy my exact Vibe today for LESS than what I paid for it! Shocking but true Thanks mainly to the 4630 GM dollars I was able to use
2009 Vibe GT (manual), 2009 G8Gt, 2009 Vibe GT (auto)
2014 Silverado, 2004 Vibe GT
"everything is modifiable"