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Go Back   Hummer Forums by Elcova > Hummer H3 Discussion Forums > General H3 Discussion

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  #1  
Old 06-19-2011, 07:09 PM
Hummer3 Hummer3 is offline
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Default New H3 in storage

Need advice......

I special ordered a 2006 H3 with every option, even the engine block heater, and put it in storage....never been dirty or rained on....

I don't need it.....should I continue to keep it in storage? How many years will it take for it to reverse its depreciation....or will it ever?
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Old 06-19-2011, 10:36 PM
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Default Re: New H3 in storage

My personal opinion is that it won't reverse depreciation because of the fact that there are too many out there. I don't think its going to be like some kind of classic car where you could auction it off at Barrett Jackson for $250,000. If you love the car keep it, if you have no use for it sell it. Just my opinion. Maybe someone else will chime in on it.
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Old 06-20-2011, 10:35 PM
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Default Re: New H3 in storage

I agree.....I am going to continue to store it until I retire...it is a classic.
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Old 06-22-2011, 08:49 PM
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Default Re: New H3 in storage

Quote:
Originally Posted by Hummer3
I agree.....I am going to continue to store it until I retire...it is a classic.
so its never even been driven?
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Old 06-22-2011, 10:13 PM
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Default Re: New H3 in storage

Its mint....200 miles....I drive it around the block every couple of months.
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Old 06-24-2011, 03:06 AM
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Default Re: New H3 in storage

If you can afford to keep it for a while...

Inflation will kick in over time and it will gain value. How long is the question.

100 years ago a ounce of gold was worth 20 bucks.
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