Used car prices have cratered

General Discussion
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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
:palm_tree: :sunglasses: :palm_tree:

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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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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,