Wayne, I think you’re missing the point.
Sellers think they have $300K cars. Buyers want sub-$200K cars.
Markets change. And don’t for a moment think that these could never return to be $75K (or less) cars. NOBODY “needs” a GT5-S. If you’re a regular guy whose life takes a turn for the worse, trust me that even a $50K GT5-S could be well beyond reach if you can’t make the mortgage payments.
When bad shit happens widely (war, insurrection, depression, Hypher inflation) the market implodes and our cars are worthless to all but the super rich.
I have personally watched several people trying to sell their cars react too late to required price drops only to get substantially less for their cars in the end than if they had just priced them realistically in the first place. In some cases the gap was 50% but often over 30%.