General Discussion Area > General Chat

just saw c3 corvette prestige auto warehouse brookvale

<< < (3/3)

69VETTE:

--- Quote from: anychevy on February 28, 2014, 02:30:04 PM ---"a fool and his money" is another good one

--- End quote ---

In all honesty, where the Australian dollar is in my observation over the last year has no relevance. N.S.W is probably the only state in a financial beta position. Every other state is doing it tough and so, cars are being off loaded. Add to the equation the oversupply of cars, only brings the values down. Not many people these days have an odd $50-60 k lying around to have it parked in a garage or shed.

In truth and reality, the value of any commodity is what somewhat is willing to pay. . and yes, like we say.....thank god there out there !.

gtc:

--- Quote from: 69VETTE on February 28, 2014, 02:52:30 PM ---In all honesty, where the Australian dollar is in my observation over the last year has no relevance.
--- End quote ---


--- Quote ---Add to the equation the oversupply of cars, only brings the values down.
--- End quote ---

The oversupply, and hence lowering of onshore prices, has been created by the strong Aussie dollar (resulting mainly from the weak US dollar). Vettes, especially C3s which no longer need converting, have been pouring into Oz in the last few years. Had the AUD remained at around 50 cents to the greenback over that period, C3 numbers here would be much lower.

Add to the above the price crashes in the USA owing to its economic woes, resulting in cheap offshore Vettes, and you have a buyer's market.

Navigation

[0] Message Index

[*] Previous page