# Used car prices have cratered

**URL:** <https://community.cartalk.com/t/used-car-prices-have-cratered/163149>\
**Category:** General Discussion\
**Created:** [April 20, 2020, 9:20pm UTC](https://community.cartalk.com/t/used-car-prices-have-cratered/163149 "2020-04-20T21:20:50Z")\
**Posts on this page:** 3\
**Page:** 2

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**Author:** ![common-sense-answer](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/common-sense-answer/32/716_2.png) [@common-sense-answer](https://community.cartalk.com/u/common-sense-answer)\
**Post date:** [April 26, 2020, 10:21am UTC](https://community.cartalk.com/t/used-car-prices-have-cratered/163149/21 "2020-04-26T10:21:56Z")

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**Used car prices have cratered**

I believe the crater will get larger. It’s not just used cars, but other products and especially real estate.

Not all news pertaining to this virus scare thing is bad. It’s kind of an exciting time. It certainly wouldn’t hurt to upgrade one or two cars to newer model-years and I’m seeing falling real estate prices. I’ll be looking to up-size the condo.

It certainly won’t be a seller’s market for a while, but rather a good buyer’s market.  
_ **CSA** _  
🌴 🕶 🌴

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**Author:** ![old\_mopar\_guy](https://avatars.discourse-cdn.com/v4/letter/o/6bbea6/32.png) [@old\_mopar\_guy](https://community.cartalk.com/u/old_mopar_guy)\
**Post date:** [April 29, 2020, 11:49pm UTC](https://community.cartalk.com/t/used-car-prices-have-cratered/163149/22 "2020-04-29T23:49:06Z")

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When I saw this I got excited and logged into Hemmings to see what I could find. I was quite surprised to find that prices on the collector market haven’t softened a bit. That Chrysler New Yorker salon will have to wait a while.

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**Author:** ![Barkydog](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/barkydog/32/2470_2.png) [@Barkydog](https://community.cartalk.com/u/Barkydog)\
**Post date:** [April 30, 2020, 12:26am UTC](https://community.cartalk.com/t/used-car-prices-have-cratered/163149/23 "2020-04-30T00:26:08Z")

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We bought a used car a couple of weeks ago, prices seem to be holding for now, then buying out the lease on our 2017 rav4 in sept, hard to find one for our buyout price, $17900, 17k miles,

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