Thread: 1M market value
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      03-21-2013, 09:12 AM   #24
Klepper1
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Drives: 2011 1M
Join Date: Dec 2007
Location: Houston, Texas

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Quote:
Originally Posted by danielbreese View Post
Let me put a new spin on this as I am sure many 1M owners feel this way. Mine is a stripper AW. There is No other car I would rather have for daily use (really). Nor will there ever be (last of the analog cars). If totaled where the hell would I get another? Seriously I would not take $100,000 for it. And if I had to buy another AW stripper I would pay in the $60,000s all day long and be grateful.
+1

I wouldn't sell mine in the $60's now either. There is nothing I could replace it with anywhere near that price range.

I disagree with the comment that the buyer sets the "market" price. Market value is where the transaction occurs - i.e. the price at which the buyers are willing to buy and the sellers are willing to sell. There seems to be a big "two-way" right now!

True market price is tough on low volume cars (or low volume anything), as there is not much liquidity in the market. One sale at $65k doesn't mean the market value is $65k, but one sale at $45k doesn't mean its $45k either.

Thats my $0.02
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