viper88
Well-Known Member
I have a friend who uses Manheim Auctions. He said used wholesale prices seem to be dropping now. Anyone who bought a used car in the last 10 weeks will not be happy when they sell in the future. They basically over paid 30%-40% "if" the market actually returns back to the previous norm.@viper88 to be fair, I stopped checking ~a week ago when I sold mine.
We're definitely getting into the phase of when used vehicle prices are going to have to start equalizing, and that equalization process is likely to be a bit messy, since they're so inflated now.
Anyone who sold between May and today made out like crazy. I personally could not resist and sold a few cars, including my '19 JLR, for profits. I basically was paid to drive some of my cars for 2-3 years. Unreal..
I can't wait to order a new JL as soon as 2022 order banks open!
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