Quote:
Originally Posted by Citroënbender
I’m noticing asking prices remain quite a bit higher than pre-Covid on some of the more modest Euros. Whether a lot of cars went to scrap, or sellers have revised their expectations, or people are hanging on rather than upgrade - I don’t know. But the formerly $1200 Peugeots are now asking north of $2K, the $700 Citroëns aren’t there, nor the $1200 E46 sedans or similar priced Alfas.
Interesting times as a person who’s wilfully disconnected from most social chatter - six months ago it was easy to see the gap between what people were saying about financial restraint vs what they were actually doing; now there’s a lot more bunkering down so the visual clues aren’t there. IOW, are these current sellers asking higher but still settling for the older prices…
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When I start seeing shipping container prices coming down to where they were, I'll believe we have achieved normalization.
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