Is it me? Have used GT350 price jumped up lately?

[fpGT350]

I've noticed the same trend on Hellcat, Viper, and Corvette asking prices. However, I have watched asking prices on 2020 GT500s decreasing as original ridiculous asking prices failed to attract buyers. It's still hard to find a bargain purchase today on any of these cars.

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[dom418]

All used car prices are up due to a shortage of inventory but now that the 350 has been discontinued, I can see prices stabilizing and even increasing a bit. They were really low about a year ago.

 

[Tomster]

No! I was just speaking generically. I have exactly what I want in my car.

I was just building on with 460 said, about the balance between compromising, not compromising, and then after moving on seeing plenty of out there that weren’t available when you were looking. For any purchase, not just GT 350s

G0628 Isn’t going anywhere.

Thats a relief. She was good to me and it seems she's good to you. That car is one of the good ones. Bulletproof so to speak.

 

[key01]

Yes, they are stabilizing and increasing.

 

[Powelltc1]

There a few of us who bought new holdover ‘19’s recently at a very good price. There are still plenty out there and if you’re willing to make some sacrifices on options, you can’t go wrong.
Sometimes waiting for the perfect car to come up can result in no car. Get ‘em while their hot!

Just curious...what do you think is a very good price for a holdover 2019?

 

[Chumley]

I tend to agree. Just in the last couple months since I bought mine, the number of new GT350's listed for sale nationally is way down.. For the most part, if you are at all picky about color or options, you have to be pretty lucky to find one that doesn't require shipping from half way across the country. Using CarGurus site there are only 4 within 200 miles of me and 9 within 500 miles. That's a fraction of what there was just a couple months ago. Plus, while the Mach 1 sounds like a nice evolution, it's not the 500hp+ car some had speculated. There's still a clear line between it and a car that likely will no longer be produced (ours!).

 

[Franzchise]

My local dealer said he couldn't even touch one at the auction prices for the used one's he saw. I grabbed mine just as Covid was in full swing, late March and I m glad I did because prices have surely gone up . good luck with the search.

 

[Powelltc1]

My local dealer said he couldn't even touch one at the auction prices for the used one's he saw. I grabbed mine just as Covid was in full swing, late March and I m glad I did because prices have surely gone up . good luck with the search.

Thanks man. Great looking car on your profile pic. Nice choice!

 

[M.A.N.]

Just curious...what do you think is a very good price for a holdover 2019?

As for me I got mine in the middle of March, MSRP was like 65.800 and I got it for around 57.000. Obviously I thought that was a good deal, I bought it. lol

I think I was just blessed to have been looking at the right time, as it looks like that has turned out to be around the time when they was at their lowest.

Keep looking for the one you want, enjoy the search, I love mine. Good luck finding the one you want.

 

[foolwithtools]

It's not limited to GT350s. Prices for used cars in general are going up a lot right now because there's a bit of a shortage of cars. People that used to take public transit and never owned cars before are entering the market due to COVID fears and with the factory shutdowns earlier this year there aren't too many new cars floating around to buy either. https://www.barrons.com/articles/used-car-prices-record-pandemic-heres-why-51592589604 https://www.detroitnews.com/story/b.../06/used-car-prices-continue-rise/3312339001/

 

[Powelltc1]

As for me I got mine in the middle of March, MSRP was like 65.800 and I got it for around 57.000. Obviously I thought that was a good deal, I bought it. lol

I think I was just blessed to have been looking at the right time, as it looks like that has turned out to be around the time when they was at their lowest.

Keep looking for the one you want, enjoy the search, I love mine. Good luck finding the one you want.

That’s awesome. Congrats and thanks for the response. Right now it is looking like I would be doing really well to end up around $60,500. That shows how the market has gone since COVID. Like another poster said, it’s across all cars. Classic supply and demand. Low supply and higher demand equals a higher price!

 

[Ash1977]

Glad I got mine when I did. Wished I got one this past winter when they where cheaper. I saw one near me the other day that was a 2016 tech pack with 48k miles for $43,000. I thought it was way overpriced. It sold in less than 2 weeks!

 

[B Dot]

Shortage of used cars so prices are up. I think they will dip a little as dealers get more used inventory. Pretty much every used car going for more now then they were earlier in the year.

 

[GUSTOPP2]

I was browsing the usual sites just out of curiosity - cargurus, autotrader, etc. It seemed like prices have jumped about $5000+ from about year ago.

Have you noticed any increase? Am I imagining this?

Yes. I look almost daily for over a year and yes. Prices have gone up. So much so that a used or NEW 2019 seems to almost be the best bang for the buck. 2017's and 18's in the low to mid 50's. Few grand more and get a 2019.

 

[thill444]

Yes. I look almost daily for over a year and yes. Prices have gone up. So much so that a used or NEW 2019 seems to almost be the best bang for the buck. 2017's and 18's in the low to mid 50's. Few grand more and get a 2019.

I don’t think dealers are discounting new GT350’s as much as they were even a few months ago. I’m guessing if you can get one below $60K now (assuming loaded) you are lucky.

GT350 inventory for used and new is drying up.

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