New Cobras have gone up since it costs more to build them...
Once the desperate seller's cars weed off the market the prices will creep back up. The economy will eventually rebound when the government stops trying to fix it. I don't think we've quite hit bottom yet, but you won't see a return to early '08 prices for a couple years at least.
Don't mean to start any political stuff here, I just don't see any rebound in the used market anytime soon. Once the unemployment rate stabilizes we'll know.
Great time to be buying though.
