That'll never happen againMake 500 dollar shit boxes great again!!!

That'll never happen againMake 500 dollar shit boxes great again!!!
The thing most people are forgetting is the lack of leases going out in 19/20/21/22. That is going to make used car prices stay high for a while because they aren’t getting lease returns back. That typical 36-38 month lease getting turned in is the bread and butter of the used car auction world. Without those, the used cars they do get are going to be priced higher.The interesting issue is with how few new cars were sold/leased during the pandemic compared and how that will affect the used market for cars that are 4 years and newer. I am still waiting to see if I need to be able to fit 3 car seats and that will determine what I need to get next. Been stuck in limbo with mazda3 for a while now.
Auctions are so over priced right now, unless your dealership would like to buy a full truckload of cars at one time, that’s the only way to make some money.Auctions are seeing a lack of cars and many of the cars they do have aren't selling. I watched coverage of an auction and the only one talking on some of the cars was the auctioneer. He kept pushing cars through after no bids.
No but I'm tired of seeing 2k cars go for 4500 tooThat'll never happen again![]()
Honda has reintroduced affordably priced vehicle trim levels.
Loan delinquencies are up above pre pandemic levels.
Sounds like a lot of people should be cutting up their credit cards and not buying expensive new cars.
Rebates are coming back shortly, right now new car dealers are doing okay, but with out rebates which they need to move product, and use that rebate money for down payment loan to value, etc… they will be dead in the water if they don’t, Especially nissan lol.Car manufacturers slow down production, creates more demand for their products, gives them the ability to keep prices high, rinse repeat for eternity.
Yes but they typically slow down during the downturns. They are still ramping and recovering from the Covid supply chain issues. We will see a period of shoppers market before they dare to adjust.Car manufacturers slow down production, creates more demand for their products, gives them the ability to keep prices high, rinse repeat for eternity.
hopefully some of the predatory lenders in this sector of the auto market go bankrupt.![]()
Subprime car loan delinquencies are surging
Despite the strong job market, the rising cost of everything is pressuring lower-income familieswww.axios.com
N20GT your time is coming. Gunna get you a GT500 for 95k instead of 100k.