Thread: OT: Automobile Questions
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10-31-2012, 03:56 PM
  #549
Agnostic
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Join Date: Jun 2007
Country: Canada
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Quote:
Originally Posted by DAChampion View Post
His insurance company valued it at $10,200.

Used cars hold on their values very well here because of the non-winter. Virtually no snow on the continent.
Wow I just looked at online australian auto sales sites and current inventories of Maxima 2004 go for $9000-16000 Aus depending on options. I find that insane but I am not a Maxima fan so biased.

You are right the mileages are high and generally not impacting in the price.


But I suspect the price is more macroeconomic than just the weather. Supply and demand and competition on an island continent/country must have effects on price elasticity .

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