Re: Depreciation Floor?
One of my dealers sold a '04 Red Coupe 6sp with 75k on the clock for $9k at the auction yesterday. That car was R-O-U-G-H!!!! The bulkhead bolster was broken badly, headlights were a mess & the seats were super worn. I think that is very good money for a car that was a solid 6. CBB is 9450 on that car today. The same book 1 year ago valued that same car at 9150. That is pretty strong!!!