National articles say used car prices are dropping notably...

i just priced out a used 2018 tacoma with 80k miles 4x4 and the dealer wanted 1 million dollars. so i'm not sure.

I am in the Biz. Have heard this somewhat regarding trucks, but not used cars in general. We simply are not getting enough inventory to supply the market with new cars to reduce used car pricing. We are effectively sold out of 2022 cars in various models, they are all pre-sold. We are now preselling 2023 models that no dealerships has even seen yet. Certified preowned are expensive as new, and those are all essentially gone now too.

I hope with everything that I have that I am incorrect and your article is correct.

Can you post said article? Seems like a good place to start.

Dodge/Chrysler/Jeep has really done a good job with work on the interior but I think the major issues are electrical an fit/finish. Supposedly the GWs are super nice but I would fear the potential work and recalls over the next 5 years.

At least with Escalade, Navigator, Denali, etc. you have a history to look back on.

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We simply are not getting enough inventory to supply the market with new cars to reduce used car pricing.

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I counted 3 at the new car dealership here (5 brands) but they may have more inside.

They're pushing ATVs and dirt bikes, not enough cars on the lot.

But seriously if you could post the article that would be nice.

Y'all welcome. After months of searching and finally holding out as long as I could, I bought a used vehicle.

Same shite as when I wash my truck, it's going to rain.

Demand is slowing due to expensive fuel