View Single Post
  #7 (permalink)  
Old 04-21-2010, 11:09 AM
Silverback51's Avatar
Silverback51 Silverback51 is offline
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jun 2007
Location: Covington, wa
Cobra Make, Engine: Superformance # 532, 466 BB, 560HP
Posts: 3,029
Not Ranked     
Default

Actually the MRSP price of the car was not that bad. It was the price gouging dealers that killed the car.

People paid $10,000 to $15,000 over sticker for the car and then watched the demand fall like a rock when the dealers did not lower the prices. The value of the cars already owned then in turn dropped as the demand fell.

At least that is what I observed in Washington state.
__________________
John Hall
Reply With Quote