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Is the used car market really this bad?

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  • #1

    Is the used car market really this bad?

    Hey everyone,
    I am disgusted. I have a 03 Buick Regal GS w/ 52k that I am trying to sell. (Been trying to sell it for 4 months) I started with the price a bit high assuming the person buying it would talk me down. I now have the car listed for $9500 and I cant even get a phone call. THIS CAR IS A STEAL FOR $9500. I really cant even believe that I am willing to let it go for so little. Whats going on? Is the market really that bad right now or am I doing something wrong?

    03 Regal GS
    3.8L Supercharged V6 (30mpg highway)
    52k miles
    Extremly Clean
    Leather
    Power Everything
    No accidents
    No F-Body right now
    Tags: None
  • #2
    It's that bad. On the other hand if you are buying you can find some steals.
    Tracy, 97 Formula, pretty much stock.

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    • #3
      here's the deal. remember when about 3-4 years ago GM was hot and heavy with the "0%" financing? There were also great lease deals to be had. Now the used market is flooded, combined with a slow economy and you see the result.

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      • #4
        not to mention the GS recomends 93 for full performance and its 4.65 here for that!
        2009 Honda Civic EX- the daily beater

        old toys - 1983 trans am, 1988 trans am, 1986 IROC-Z, 2002 Ram Off-Road, 1984 K10, 1988 Mustang GT, 2006 Silverado 2500HD

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        • #5
          Originally posted by Trash man
          not to mention the GS recomends 93 for full performance and its 4.65 here for that!
          $4.65 Ouch

          I buy 94 octane for $4.27 at sunoco

          Regular is $3.97
          1996 Firebird Formula

          | Magnaflow Catback | 17x9 Ws6 Rims | Ram Air Hood |

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          • #6
            I've heard that the small car market is fairly decent. Don't think the Regal quite fits in that category, unfortunately. Like Joe mentioned, there's a host of lease vehicles entering the used car market.

            Trucks are worse on the used market. I know some places won't even take them on trade.

            I guess wait and see when this glut moves on, if ever. Best advice I have is if you don't really have to get rid of the Regal at a substantially crappy price, don't.
            1997 Pontiac Grand Am, 216k+ miles and still moving fast
            2004 Pontiac Grand Am SCT, but 35k on the clock
            1983 Male Driver, driving Front Wheel Drive only, for now

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            • #7
              Originally posted by 96FirebirdFormula
              $4.65 Ouch

              I buy 94 octane for $4.27 at sunoco

              Regular is $3.97
              thats our regular and im in the cheaper town compared to some, next town over(brookfield) is 4.35 for 87
              2009 Honda Civic EX- the daily beater

              old toys - 1983 trans am, 1988 trans am, 1986 IROC-Z, 2002 Ram Off-Road, 1984 K10, 1988 Mustang GT, 2006 Silverado 2500HD

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              • #8
                Originally posted by Trash man
                thats our regular and im in the cheaper town compared to some, next town over(brookfield) is 4.35 for 87
                Don't I know it... I work in Brookfield now. We moved our office. The cheapest of the three gas stations within convenient driving distance from here is $4.36 a gallon as of this morning. The most expensive? $4.45
                SOLD: 2002 Trans Am WS.6 - Black on Black - 6 Speed
                SLP Loudmouth Exhaust
                17K Miles

                2005 Acura TL - Silver on Black
                Navigation - Surround Audio - Bluetooth

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