Certainties include death, taxes and aging cars losing residual values. But lately some people aren’t so sure about the latter. Automotive appraisers scratch their heads when they look at the high prices some used vehicles fetch these days on both the wholesale and retail markets.
"These are supposed to be depreciating assets,” but that’s not always the case when “odd-ball” vehicles defy conventional wisdom by drawing premium auction bids, says Ricky Beggs, managing editor of Blackbook, a value guide.
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