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Did resale value go up on the S?

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Old Jan 10, 2010 | 12:16 PM
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Default Did resale value go up on the S?

I was selling my CR a while ago. And i remember i got a ball park figure of $24k on KBB. Well now i payed alot of it off and was woundering how much its at now with more miles on it. It says private is $26,110 for it. I'm woundering if the price has gone up now that they stoped making the S. Any idea guys on this??
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Old Jan 10, 2010 | 12:19 PM
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I think price has gone up due to the economy stabilizing. The market isn't as soft.

I had checked "value" of our RS4 last year. Checked it again this year and it was ~$5000 higher....
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Old Jan 10, 2010 | 12:22 PM
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^^ good to know yea my CR went up $2k in value in the past 3 months even though i put miles on her. Glad i only owe $21k on her right now
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Old Jan 10, 2010 | 12:35 PM
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the cr wont depreciate as much as a reg s either because of it be limited release compared to the number of reg s2k's released but ya the whole car market has since a slight increase and higher end cars even more so ppl are buying toys again lol...
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Old Jan 10, 2010 | 04:29 PM
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Originally Posted by drhess06259,Jan 10 2010, 03:35 PM
the whole car market has since a slight increase
Citation Needed
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Old Jan 10, 2010 | 04:53 PM
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NADA is a better source for accurate vehicle value. KBB doesn't take into account mileage as far as I know.
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Old Jan 10, 2010 | 06:06 PM
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I bought my black '05 about a year ago and I still haven't seen one on autotrader.com or cars.com with similar miles selling for less in the Atlanta area since then.
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Old Jan 10, 2010 | 06:33 PM
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yes, it has, just one month ago i put my car up for sale, and now i just recently I increased the asking price by $500 and next month i'll be asking $500 more.

"But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions " - Greenspan
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Old Jan 10, 2010 | 06:46 PM
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Asking more money for a car that doesn't sell. That's a new one. WTP
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Old Jan 10, 2010 | 06:57 PM
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Yea it is really a car is worth what u can get for it not what the internet says. But i came to realize that the CR has no price to me thats why im keeping mine.
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