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Where's the bottom
- Thread starter Space Truckin
- Start date
Nice pics of the Viper...What an awesome plate too. Silver looks great on it, but IMO that car deserves a more in-your-face color to compliment it's in your face raw and visceral feel and looks. BTW, whenever I see the new AMG GTR (beast from green hell), it reminds me of the German Viper equivalent (long-hood, short windshield, similar-shaped roof, RWD, track monster like the viper).
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I believe we have seen the bottom on the 2017's, my 18 remains a mystery. Those of us who were fortunate to get a 17 know now what a misunderstood car it is...can you say WooHoo...JM2C..I could be wrong...:tongue:
Space Truckin, do you mean "the" 18 remains a mystery?
I am not fully sure we've seen the bottom yet, but there hasn't been a panic drop yet. I think the guys that paid higher amounts for the cars early were in a financial bracket where 'they could afford the asking prices, and most guys that have bought one thus far have enough disposable income to absorb the depreciation. We all had to accept the possibility of depreciation when we bought, regardless of the price point we got in at. I don't think we're going to see any panic selling..... It's such a great car, why would you want to sell it at a loss after owning it for 6 months?
The fate of the car's value will largely be determined when we start seeing lease returns late 2019 and into 2020. But as a majority of the cars seem to have been leased, and most likely through Acura Financial Services, Acura will have some control over pricing on the returns. It will depend on the general average condition of the returns. Will they be low mile pristine cars or cars that have been driven hard with 36,000 miles on them? If I had a leased car with 7500 miles per year, I'd damn sure drive every mile....... Acura will have the ability to subsidize dealers on repurchase of the cars so they can resell the cars at dealerships or place them in reputable secondary dealer lots. I have a hard time believing that Acura will send many to wholesale auctions, but the cars returned in poor condition may end up there. It will be interesting to see how it all unfolds.
I forsee the 2018 sales struggling unless there is a price adjustment like they did for the 2017's. Things could change once the 2017 backlog of cars is finally sold and absorbed.
I am not fully sure we've seen the bottom yet, but there hasn't been a panic drop yet. I think the guys that paid higher amounts for the cars early were in a financial bracket where 'they could afford the asking prices, and most guys that have bought one thus far have enough disposable income to absorb the depreciation. We all had to accept the possibility of depreciation when we bought, regardless of the price point we got in at. I don't think we're going to see any panic selling..... It's such a great car, why would you want to sell it at a loss after owning it for 6 months?
The fate of the car's value will largely be determined when we start seeing lease returns late 2019 and into 2020. But as a majority of the cars seem to have been leased, and most likely through Acura Financial Services, Acura will have some control over pricing on the returns. It will depend on the general average condition of the returns. Will they be low mile pristine cars or cars that have been driven hard with 36,000 miles on them? If I had a leased car with 7500 miles per year, I'd damn sure drive every mile....... Acura will have the ability to subsidize dealers on repurchase of the cars so they can resell the cars at dealerships or place them in reputable secondary dealer lots. I have a hard time believing that Acura will send many to wholesale auctions, but the cars returned in poor condition may end up there. It will be interesting to see how it all unfolds.
I forsee the 2018 sales struggling unless there is a price adjustment like they did for the 2017's. Things could change once the 2017 backlog of cars is finally sold and absorbed.
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"my 18" as in "MY18" as in "model year 2018."
Model year...
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