StrkAliteN
Member
- Joined
- Jan 4, 2017
- Posts
- 97
- Reaction score
- 223
All these dealers will be singing a different tune about 12-18 months from now when …
1. interest rates double on financing and less people are shopping for $$88K vehicles ( or able to afford them )
2. the supply chain woes clears itself up and inventory sits on the lot
3. the economy moves from an inflation era more towards a potential recession era
4. cash strapped ( over extended ) recent new car buyers who 'over paid' in 2021-2022 start selling their automobiles to get out from under the hefty loans / monthly nut.
5. peoples jaws drop when they see their 401K dropped 20% the past 12 months vs rose 25% like past couple years, and their high priced car in the driveway is putting a damper
on their retirement plans
1. interest rates double on financing and less people are shopping for $$88K vehicles ( or able to afford them )
2. the supply chain woes clears itself up and inventory sits on the lot
3. the economy moves from an inflation era more towards a potential recession era
4. cash strapped ( over extended ) recent new car buyers who 'over paid' in 2021-2022 start selling their automobiles to get out from under the hefty loans / monthly nut.
5. peoples jaws drop when they see their 401K dropped 20% the past 12 months vs rose 25% like past couple years, and their high priced car in the driveway is putting a damper
on their retirement plans