Values (Not Doom mongering - Opinions wanted)

[jbk]

Got two cars to sell, don't have to sell, just wanting to sell rather than have them sit around for a year (bought a yacht and going sailing for a year or two!). An 06 Gallardo and a Factory Works mini 05 plate.

They will clock up few miles between now and next spring/summer and i'll either sell them now or wait til next spring. Any opinions on whether on a pure value front i'd be better waiting til spring 09?

Thanks in advance

[ThatPhilBrettGuy]

Difficult one. If we're on a steeper slope that normal the prices just won't recover enough to make it worth waiting for the spring boost.

My gut says sell now. If punters have been holding off new cars there may be a glut of new ones appearing, just forcing the prices even lower.

[diablo_pete]

I don't think that the price will ever increase due to the mass production of the Gallardo.
Bearing in mind that it's better to bank the cash now, gaining interest, and less service bills etc/faults to worry about, I reckon sooner rather than later.

Pete

[bromers2]

Whatever happens I very much doubt they'll go up in value. Just how far they are going to fall.

[Steve_M]

I was in the same situation, had a Gallardo and am looking to move back to the UK next September and was in turmoil as to whether I should sell now or wait.
I decided sooner rather that later made more financial sense. The hit was greater obviously because of the shorter ownership time, but adding up all the running costs and current depreciation curve compared to next summmer's unpredictable price boost I decided it was better to sell early.