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re: Americans Struggle to Afford Car Payments
Posted on 10/21/23 at 10:51 pm to olemissfan26
Posted on 10/21/23 at 10:51 pm to olemissfan26
As new cars get repossessed and become used cars, this should increase used car inventory, and bring prices down
2
Posted on 10/21/23 at 11:14 pm to evil cockroach
quote:
As new cars get repossessed and become used cars, this should increase used car inventory, and bring prices down
That's going to take a while though and the auto industry is likely to see a serious downturn in sales before that happens. This timing is why I think this was the absolute worst time for the UAW to start striking.
Posted on 10/22/23 at 7:48 am to evil cockroach
quote:
As new cars get repossessed and become used cars, this should increase used car inventory, and bring prices down
As someone who refuses to pay current prices, I’m looking forward to this coming to fruition.
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