Future Manheim H2 pricing, hitting rock bottom.

[Kerr]

You cant always go by those auctions things. We have been doing this for 20+ years and they are not always correct.

Yes the SUV market has taken a HUGE hit, But i doubt you be buying anything hummer for $10K in a year.

Keep in mind that those figures are also the average of vehicles sold. So if they only sale 2 one has a salvage title for $5K and the other is nice for $20K then they divide the amount = $12,500 is what they are worth... all auctuons are differnt but that usually how they get there numbers. Also if you have a rare car like a ZR1 vette, toyota supra, or a H1... you run out numbers of cars to get there prices. Meaning if they made 100 h1's in say 2000 then by the time "numbers" are worked, figureing 3 hummers a week are sold in clean, average, rough, 3H X 4 weeks, = 12 hummers a month X 12 months is 144, 2000 model h1 sold at a " auction " when they only made 100 trucks...

I dont see the market taking another big hit... But if they do then we can all get a beater!!