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re: New cars, once part of the American dream, now out of reach for many
Posted on 5/8/23 at 3:02 pm to notiger1997
Posted on 5/8/23 at 3:02 pm to notiger1997
quote:The gap is not as wide but there is still a gap. Otherwise, such car dealerships would have gone the way of the dodo bird.
This old man idea stopped being a real strategy 10 years ago baw.
Especially true with trucks.
I used to laugh(and still do) when you hear someone say, that dadgum car is worth 30% less the moment you drive it off the lot.
1
Posted on 5/8/23 at 3:09 pm to Diamondawg
quote:
The gap is not as wide but there is still a gap. Otherwise, such car dealerships would have gone the way of the dodo bird.
I drove a full size SUV for three years, put 45k on it and sold it for 1k less than I paid for it about a year ago.
The old depreciation model is dead at least for the moment.
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