re: The coming automobile market collapse and what it means

Just put hold money on a new Tacoma last week. It’s a double edge sword. Currently msrp is about the best you can do (if you find a dealer even willing) but your trade is at an all time high. I had 4 offers for my 2012 SLT Ram 3@$18k and 1@ 18.2k. I paid around $29-30k new.
In ‘19 I bought a widebody Challenger for $44k. You are pushing $60k+ for the same car now. I can sell the car for more than I paid.

They aren’t going to drop in price. It’s kind of like homes. Low interest pushed sales and increased prices. Now that interest has increased the values aren’t going to drop. The appraisal districts will not be lowering property values nor taxes.