Used Car Market was Crazy for Covid Years

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Brian
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Used Car Market was Crazy for Covid Years

Post by Brian »

From Bloomberg
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Screenshot 2022-08-02 at 18-13-22 U.S. Car Prices Have Passed Their Peak Sellers Say.png
Screenshot 2022-08-02 at 18-13-22 U.S. Car Prices Have Passed Their Peak Sellers Say.png (18.96 KiB) Viewed 3111 times
Brian Goodwin
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GregK447
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Re: Used Car Market was Crazy for Covid Years

Post by GregK447 »

I do believe now it is another 2-3 months since your post, the used car market is ~15% lower. Companies like Caravan are 'underwater' with their inventory and are in great danger unless the market turns soon, and the experts are not predicting that. That is my understanding,
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