Is it true that used car prices have dropped a lot since
the virus hit?
Lots of info here:
https://www.cargurus.com/Cars/price-trends/
Yup!
As I reported 9 days ago…
Car Gurus shows them almost constant.
It depends. If you want a luxury car, the market is down substantially, over 10% for Alfa Romeo, Aston Martin, and Maserati. That’s from 2019 to 2020. During the last 90:days it’s a lot less.
Local dealerships insinuate that they are “giving away” the older higher mileage used cars to get them off their lots.
Winnebago? Heck we’re givin’ 'em away!
Couldn’t help myself… Channeling my inner Firesign Theater
Porgy Tirebiter - just a student like you…
Ralph Spoilsport of Ralph Spoilsport Motors…
Antelope freeway 1/64th mile… I’ll take the old Antelope.
Shadow Valley Condominiums; if you lived here, you’d be home by now!
I believe the market on the sports and supercars is down more than 10% now. There is a big spread between asking and selling prices right now.