posted 08-13-2013 07:53 AM                  

quote:

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Originally posted by lionberger:
Remember because of "Quanitative Easing" the value of the dollar has fallen quite a lot in the last few years making everything more expensive.

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I don't get that, unless you mean that quantitative easing has put less dollars in US pockets and therefore less people buying. in which case, less demand usually means lower prices. As long as you are buying and selling in US dollars, the value of the dollar should not be a factor. A dollar this year, is the same as a dollar next year, regardless of quantitative easing. This usually will affect the price of imported or exported goods, but not existing US made goods.

No???

posted 08-13-2013 03:02 PM                  

quote:

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Originally posted by beachcat:
I don't get that, unless you mean that quantitative easing has put less dollars in US pockets and therefore less people buying. in which case, less demand usually means lower prices. As long as you are buying and selling in US dollars, the value of the dollar should not be a factor. A dollar this year, is the same as a dollar next year, regardless of quantitative easing. This usually will affect the price of imported or exported goods, but not existing US made goods.

No???

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No. The Fed is flooding the market with dollars making them worth less especially here at home. This is economics 101. The more you have of something the less it is worth. This has happened for decades but in the last few years they put the pedal to the metal.

When we went off of the gold standard in the 1970's inflation took off. You could buy a Cadillac in the 1960's for around $3,500, an XKE for $6,200. Gas in 1960 was as little as .19 cents.

There is more to inflation than printing money but it has a huge impact if not the most. It not only causes your money to buy less but it also devalues any money you save and your 401K or IRA.

As an illustration let's say that last year your car was worth $25,000 in US dollars. This year, because the dollar is worth less, it may be worth $27,000 in order for you to get the same value for your car. I am probably explaining this badly, if so I am truly sorry.

posted 08-13-2013 05:08 PM                  

quote:

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Originally posted by ProwlerCar:
this is from Hagerty

click on year of the car
choose make
choose model
after the little article click on the last line in blue, it gives "value trends"
http://www.hagerty.com/price-guide/

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Pretty much a flat line.

posted 08-13-2013 09:34 PM                  

quote:

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Kelly Blue Book is valuing them at 40k, at least mine, w/ 34,000m.

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KBB is a BS tool, used for pricing used cars on the dealer lots.

NADA is the most dependable value judging indicator, used by most dealers, that I've seen:

2000 Plymouth Prowler:

http://www.nadaguides.com/Classic-Cars/2000/Prowler-Plymouth/Prowler/2-Door-Roadster/Values