When will vehicle prices and availability normalize.

Literally nobody knows if and when that will happen.

I personally do, but there is no way to guess because we don't have a real market anymore.

We have a shell of a true market that is moved by the Federal Reserve.

When ppl living at or above their means start missing payments

Given the economic trajectory.... suspect it won't be long

Tomorrow

Second 1/2 of 2023 is my guess.

quote:

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Given the economic trajectory.... suspect it won't be long

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6-9 months based on the current data

quote:

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In April, the personal savings rate in the US ticked down to a 14-year low of 4.4%, according to the latest figures from the Commerce Department.

That's half the rate it was in December, and roughly a third of where it was the year before.

Many households are already in negative savings territory, meaning they are increasingly tapping into their savings to cover purchases each month.

"This isn't a normal recovery, and that fiscal stimulation is still in the pocketbooks of consumers," JPMorgan CEO Jamie Dimon told investors at a conference this week. "They're spending it, they're spending at very strong levels.

But, he added, the drawdown could mean that consumers have only about six to nine months of spending power left.

Dimon's remarks echoed comments from PayPal CEO Dan Schulman last week at the World Economic Forum in Davos.

The combination of high spending and high inflation means Americans are burning through savings at a rate that could have them running out by the end of this year, he said.

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The upper limits of what people are willing to spend on new vehicles have been tested. Advantage: Dealers. This is the new normal.

Question: have manufacturers' cost to dealers increased or have dealers arbitrarily raised prices on the lot?

Ive been hearing 2 months... at least that has been the answer given to me for the past 16 months.

Yadda yadda yadda china supply squeeze.
Yadda yadda 2 months.