That One Member
- Mar 30, 2017
- Reaction score
- New York
I don’t think it will change. Supposedly this is the new norm and they are going to keep production low to make more $$ on each unit. The dealers have decided they don’t want to wheel and deal. They are literally sending new trucks to auction to artificially lower supply on their lots and keep their licenses. Which artificially makes a shortage and keeps prices high.Going to be a whole lot more than a little bit. This market correction has a very long way to go. It's estimated used cart market shot up 40%-60% since 2019. Analysts are expecting prices to correct itself to at least half if not more. We got a long way to go till that happens, well into 2024.
A whole lot of people are about to be upside down on their cars.