Originally Posted by JimmyJames

All cars have ticked up some in the last few months, and probably will in months to came too . I have seen it at the auction. Back in 2008 and early 09, new car sales dived, so now there are less used cars in the market. We are still crushing about a million and half MORE cars than we are selling new. This can not go on forever. This will keep pushing used car prices higher until the rate balances out. The cash for clunkers program took a lot of cars out of the market also. They were low, low end, but they are still gone, so more buyers chasing few cars= higher prices.

Plus our cars have hit a price point that new buyers are looking at them. When I sold my 04 last month, two lookers said that loved the Crossfire, but never thought that they could afford one. They were looking at Honda's, and Toyota's in the $10-12k range. The MB part of the car scared both of the fathers though; they were buying it for their daughters to go to college, and told me they were worried about the up keep cost.