Shouldn't 2005's be about $39,000 now

SO wrote:
> Should a nice 2005 with about $15,000 miles cost about $39,000 now? You see
> them at dealers for about $42,500-44,000 but they're out of their minds
> since I've seen new 2006's at closeout for that price. What prices have you
> seen? Thanks!
>
> SO
>
>
The old rules for depreciation aren't working on either C5s or C6s in
SoCal. My '02 has risen about $4K since I bought it late last year. I
recently looked at an '03 50th anniv. convertible (w/17K miles) at $
38,400 for a friend. The car was on the lot for 10 days and sold for
$36,500.

Owners aren't selling and some guys on lease terminations have opted to
convert to ownership.

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PJ
'89 Hookercar '02 e-blu coupe