Quote:
Originally Posted by Dutchmalmiss
At this point beggars can't be choosers anymore. It's either pay for a marked up new car, or pay for an inflated used car, which is obviously more financially favorable than the former.
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Interesting though. Some analysts are predicting a straight out market crash as all these repos start to pile up, the new inventory gets higher and these have not been completed but mostly built brand new not current year cars hit the market.
Other analysts suggest the market will settle to a new normal of higher than before but still cool off.
I'm hoping for more of the former as supply gets higher than demand.