used cobalt prices
#1
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used cobalt prices
Why are used cobalts with very low mile have such a low resale price on them. When I go to car lots, internet site and such, I cant belive that these cars are being sold at the low prices there at. Or arn't these good cars (not saying there junk either) to begin with. When I saw a 2005 SS supercharge w/ 20,000 miles on it, I couldn't belive ,my eyes.
#2
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Why are used cobalts with very low mile have such a low resale price on them. When I go to car lots, internet site and such, I cant belive that these cars are being sold at the low prices there at. Or arn't these good cars (not saying there junk either) to begin with. When I saw a 2005 SS supercharge w/ 20,000 miles on it, I couldn't belive ,my eyes.
#6
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It has to deal with resale value of all domestic cars. They do not hold their value to foreign cars due to many factors including
1. high production of American cars vs low importation of foreign cars
2. perceived value of the population is that american cars are worth less than foreign cars
So in effect, any new domestic that is driven off the lot drops drastically in price.
1. high production of American cars vs low importation of foreign cars
2. perceived value of the population is that american cars are worth less than foreign cars
So in effect, any new domestic that is driven off the lot drops drastically in price.
#9
Original Hayden Fanatic
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It has to deal with resale value of all domestic cars. They do not hold their value to foreign cars due to many factors including
1. high production of American cars vs low importation of foreign cars
2. perceived value of the population is that american cars are worth less than foreign cars
So in effect, any new domestic that is driven off the lot drops drastically in price.
1. high production of American cars vs low importation of foreign cars
2. perceived value of the population is that american cars are worth less than foreign cars
So in effect, any new domestic that is driven off the lot drops drastically in price.
#11
Original Hayden Fanatic
Platinum Member
any "profit" they make pays american taxes same as American co. and foreign co. invest there money in building plants in the US to build cars/parts, were American co. invest in Mexico & Canada to build cars/parts...
#12
Why are used cobalts with very low mile have such a low resale price on them. When I go to car lots, internet site and such, I cant belive that these cars are being sold at the low prices there at. Or arn't these good cars (not saying there junk either) to begin with. When I saw a 2005 SS supercharge w/ 20,000 miles on it, I couldn't belive ,my eyes.
Why would someone be willing to take a 2-year old car with monthly payments equal to a new car (even though the number of payments might be less -- it is still to their advantage to buy a new car because of the warranty)? The incentive would have to come by lowering the payments enough, by reducing the selling price, to get people to buy a used car instead of a new car.
#17
From http://chirpthird.com/vb/showthread.php?t=6786
Maybe here I should also mention that the average domestic parts content for Kia is 3%, while the average domestic parts content of Ford and GM is 78% and 74% respectively. This means that buying a U.S.-assembled (or even foreign-assembled, for that matter) GM or Ford supports more American jobs than a U.S.-assembled car or truck with a foreign nameplate.
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Same exact thing in my area, only when you go to trade yours in they only want to give you $12k for it with lower mileage....lol fookin' stealerships
#19
Original Hayden Fanatic
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Maybe here I should also mention that the average domestic parts content for Kia is 3%, while the average domestic parts content of Ford and GM is 78% and 74% respectively. This means that buying a U.S.-assembled (or even foreign-assembled, for that matter) GM or Ford supports more American jobs than a U.S.-assembled car or truck with a foreign nameplate.
#22
Im talking about real foreign companies, not Kia . I work for a GM carrier & a Honda carrier, i know where there stuff comes from.. Yeah GM invested alot of money into those TX plants b/c they are close to MEXICO where the pieces come from for assembly...And while GM & Ford are cutting 1,000's of jobs, Honda continues to build new plants in the US.
Sorry for derailing the thread, but I've gotta stick up for GM when it's needed.
#24
Currently in production
True japanese hondas:
Fit
S2000
True japanese toyotas:
NONE
LOL
2006 SS Sedan 4 door loaded 17,785.00 out the door
True japanese hondas:
Fit
S2000
True japanese toyotas:
NONE
LOL
2006 SS Sedan 4 door loaded 17,785.00 out the door
Last edited by jeweler54; 06-20-2007 at 07:02 AM. Reason: Automerged Doublepost
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