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

 
 
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Old 10-03-2005, 03:09 PM
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<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by DWPC:
I disagree. I think the H3 will hold value better than the H2, especially as it ages. Used H2's are still very recvent models and can be sold now by Hummer dealers as "pre-owned". But as they age they'll be relegated to the auction and generic used car lots. They'll be hard to unload in that market. In fact I won't be surprised to see H3s priced higher than H2s of the same model years by the time they're 6-7 years old. Used H3 demand will be much stronger than H2.

03 H2s I saw at the dealer have already lost almost 50% of the price of a new H2; and that was asking price. If gas prices keep going up, used H2s will have the same fate as the big sedans in the 70s; the bottom will fall out of the market. </div></BLOCKQUOTE>

I have to agree with Kacy the way I read what he was saying. I took it as if he goes and buys a used H2 and in a short period, like a couple of months, decides he would rather have an H3 he will take less of a hit. In that couple of months a new H3 will depreciate faster than a used H2. Just my 2 cents.
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