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Why are '05's being marked down?

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Old 12-08-2004 | 05:43 PM
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Default Why are '05's being marked down?

A local dealer has two '05's, a black and silver one. They have been marked down to 49k and 48K, a couple thousand less than sticker. Anyone know why? The black one gave me a woodie, though I couldn't afford it and keep my car unless I lived off ramen noodles
Old 12-08-2004 | 06:10 PM
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Um, supply and demand?
Old 12-09-2004 | 11:12 AM
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funny on the woodie - haven't heard that one in awhile.
Old 12-21-2004 | 08:27 PM
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Ummm, Ramen noodles are how I afford my Vette. "Shut up kids and fix another bowl of Ramen noodles." Works for me. I love the CTSV. I am so considering the trade-in of all my cars for one.

Jim K.
Old 12-29-2004 | 08:32 PM
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Originally Posted by 11 Bravo
A local dealer has two '05's, a black and silver one. They have been marked down to 49k and 48K, a couple thousand less than sticker. Anyone know why? The black one gave me a woodie, though I couldn't afford it and keep my car unless I lived off ramen noodles

Sounds like an easy solution... ramen noodles it is!!!!
Old 12-29-2004 | 09:41 PM
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They aren't flying off the lots, kind of like the GTO. I'm hard pressed to think of a US performance car that hasn't been marked down new whether it's been the ZO6, blown SVT Mustang, etc.

There's a leftover 04 here marked down to $45k.
Old 12-29-2004 | 10:55 PM
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How are these cars holding their value on the used market? I'd consider a used one in a year or two perhaps.
Old 12-29-2004 | 11:16 PM
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I just traded my '04 for an '05. Paid $45,500 drove it for 20,000+ miles and got $36,000. KBB and Edmunds have private party sale @ $38,500. My guess is if/when the '06's come out with inevitably more HP the '04's can be had for high $20's with miles. That's the time to get in cheap imo.



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