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re: Weren't some of you saying the domestic market was going to crash?
Posted on 2/2/24 at 5:00 pm to notiger1997
Posted on 2/2/24 at 5:00 pm to notiger1997
Used cars have crashed relative to where they were in 2021 and early 2022.
15 straight months of used car prices dropping.
15 straight months of used car prices dropping.
Posted on 2/4/24 at 1:53 pm to JohnnyKilroy
quote:
Used cars have crashed relative to where they were in 2021 and early 2022.
15 straight months of used car prices dropping
I haven't seen that drop in our area.
I've got 2 teenagers who have been shopping twice in the last 24 months and a third teenager shopping for the first time since November.
My daughter bought a 2015 Sentra with 89,000 miles for $8k out the door 2 years ago. Her car was hit and totaled and she got $7500 from the insurance (107,000 miles). We are having a helluva time finding anything without multiple accidents for $8k or less. Most of what she is seeing is list $10k and even many of those have serious red flags (rust, accidents, etc)
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