The Car Market 🙁

[Paladin06]

 

[jroyk]

Bidenomics + Stupid = disaster

 

[GBLWRMR]

Video is hard to watch.. 198K 2013 Honda Pilot that is beat to hell... How much should someone pay for that? I wouldn't take it for free.

 

[DavidKFla]

Unfortunately this happens during every economic turndown.

 

[2ndAmend]

Unfortunately this happens during every economic turndown.

Even when there is no turndown. Kids are taught gender equity, global climate warming/cooling/change/end of the world as we know it, but not math. Not important in a socialist society, even discouraged because math is the root of logic.

 

[MikeD1]

I believe things are way worse than the gubmt & media are letting on (no surprise there ).

Using the dog rescue/shelter biz as a barometer of how ppl are doing, the level of surrenders/abandonment's/strays intake vs adoption traffic is equal too or worse now & in the last 8 months or so than the 2009/2010 recession !! When times are good (like during the Trump years), intake was way down & adoptions were strong - many times we had few or no dogs for adoption & now were overflowing & turning surrenders away, adoption traffic is thin to nonexistent.

 

[1971demon]

Video is hard to watch.. 198K 2013 Honda Pilot that is beat to hell... How much should someone pay for that? I wouldn't take it for free.

I can't watch any of those videos @ all anymore..couldn't care less what he has to say...

 

[GNBRETT]

Collapsing? Hardly..... Just because dealers cant sell cars for 30% more than they are worth doesnt mean anything is collapsing it simply means car prices are returning to normal again and dealers cant beat ppl as bad as they were before.

And ur not getting $40k for ur trade in on a car thats worth $35k. Those days are over as well...... Its funny when things return to normal ppl start panicking smh.

 

[Bobo]

Collapsing? Hardly..... Just because dealers cant sell cars for 30% more than they are worth doesnt mean anything is collapsing it simply means car prices are returning to normal again and dealers cant beat ppl as bad as they were before.

And ur not getting $40k for ur trade in on a car thats worth $35k. Those days are over as well...... Its funny when things return to normal ppl start panicking smh.

I must agree with this statement, it was only a matter of time before there would be a correction on car prices.

 

[Prange]

The dealers aren't getting any sympathy. And shouldn't.

The big incentives will be coming. Especially from Dodge/Jeep.

 

[CPRHDSRT]

Coming back to normal is still a rip off. $65K MSRP hellcat in 2016 with the options you want (aka Jailbreak) now coming down to cost you $80K. Naaa. I have moved on but wish those without a HC all the best to score one.

Love my MOPARS and certainly keeping them but nothing new worth considering from Stellantis at this point. As a company they suck (french fries).

 

[Paladin06]

Collapsing? Hardly..... Just because dealers cant sell cars for 30% more than they are worth doesnt mean anything is collapsing it simply means car prices are returning to normal again and dealers cant beat ppl as bad as they were before.

And ur not getting $40k for ur trade in on a car thats worth $35k. Those days are over as well...... Its funny when things return to normal ppl start panicking smh.

Please define normal and when it was.

 

[GNBRETT]

After the pandemic disrupted the production of new vehicles USED vehicles went thru the roof in 2021. So 2020 if ur looking for a date. Yea, used car prices were what NADA had them valued at and that was the price ppl paid.

Please define normal and when it was.