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The New G8 Has A Tough Market

Poor Resale

Posted January 7 2009 07:00 AM by KevinDiOssi 
Filed under: Miscellaneous, Kevin DiOssi

Get 'em while they're cheap!


When I went to buy my GTO last year, I was met with some pretty strong prices. Cars with 30,000-40,000 miles were still about $22,000-23,000. Look again today, and not much has changed. The 2005-2006 GTO's with the LS2 pull some nice coin. Something that is very reassuring to me since I could sell my GTO for about the same price I paid for it a year later. That's buyer confidence defined, if you ask me.

My 2001 Trans Am was purchased for a simply ludicrous price of $12,500 back in 2007 with 32,000 miles on it. I put about 16,000 miles on it and traded it in on the GTO for $12,000. I was very excited about that.

Unfortunately, the same joy isn't shared throughout Pontiac. The 2008 Pontiac G8 GT came into the market at a much lower initial price than the GTO and Trans Am. Still, there is no excuse for their prices. With a mere 10,000 miles on the clock, I was able to locate several below $20,000. This is depressing, yet somewhat cool, in a way. This means these cars will be getting into the hands of more enthusiasts. More attention means more parts.

So get your G8 GT while it's cheap!

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Pontiac G6 Research
Pontiac G6 When shopping for a new car take a look at the Pontiac G6. The L4 standard engine in the G6 gives you 217 horsepower with an estimated 26 mpg. It has a 5 star frontal impact rating for the driver and a 4 star frontal impact rating for the passenger. Other similar vehicles are the Pontiac Solstice and the Pontiac Grand Prix.
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