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      07-13-2020, 10:56 PM   #151
DarkstarZero
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Drives: Daytona 95 M3, X7 M50, e92 M3,
Join Date: Nov 2007
Location: Washington DC

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Update#5
What we're seeing now is that sports cars, offroad cars, classic cars, and otherwise 'fun' cars are in high demand and prices are up. People have nothing to do but they are allowed to drive, and driving is fun. They want fun cars. So values are on the rise.

Cars that would plummet, boring econo-boxes, soccer-mom cars, commuter cars, basically anything a rental car company would own, are artificially being held up by storing cars away. Eventually they'll be released and sold for pennies on the dollar - but given the current climate, I don't think they'll effect sports/fun car values much.

Luxury cars are an unknown. Cities being hot beds for COVID + Riots + Protests + everyone can work from home now and there's no reason to be close to the office, means there's a city exodus underway. If someone was on the fence about moving out of the city before all this, they are moving out now. This is evident by home sales going up and home builders selling out. That's a lot of people/families that didn't have a car or multiple cars and now suddenly need one or two. And that can change everything.
/Update#5
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