I don't normally even look at Autotrader, but took a gander and found some dealership advertising big cuts below msrp - as in $7k off. Wonder if it's the sort of thing where it all sounds good until you show up to the dealership and "don't qualify" or something. The bait and switch at...
What do Kelley Blue Book and NADA list as the private party values? That's what I normally reference for any used vehicles, for a baseline. What I find humorous is most of the private party Jeeps I see for sale are asking more than $10k over blue book, and more than the used car dealers.
I love how everybody posting on car forums with big ass auto loans is supposedly beating Wall St. on an annual basis, yet 70% of all day traders lose money.
Most of these Youtuber alleged car gurus are, indeed, clickbait artists. With that being said, I have noticed dramatic inventory builds across all brands in the past 6 months - even Toyota which has had the most difficult time producing vehicles. But you won't see that reflected on their...
Hopefully you realize that the insurance company is the one who determines if a vehicle is a total loss, not somebody trying to explain "hey man, this thing was just fordin' - it was built for it man!" I wouldn't buy a used vehicle which was "forded," EVER.
A lot of that stuff is clickbait BS, so be careful. That being said, high interest rates are certainly having their way with the weaker hands. When you factor in current auto loan rates, prices are the highest they've ever been in history. That certainly has to lead to weaker demand at some...
That would be very interesting data for sure. What I have found is that there is no level of debt that the sheeple will not sign up for - if you give them a financial noose, they will hang themselves every single time. The banks know this, it's just that they have been able to offload the...
Manufacturers have pushed pricing well beyond what the median household can afford. I think they are slowly waking up to that fact. On many different vehicles and trim models, price increases over the past 3 years have been running at $300 per month, meaning a person would have to be able to...