The Used Car Bubble is set to BURST. What Ya'll Copping when these prices DROP? :blessed:

[JayStarwind]

Let me keep my eyes on this K5 GT then

 

[2stainz]

trying to get the Rz electric but if they not taking preorder this years... Im going back to my plan of copping a used Rx

Tax return season gonna test yall pockets regardless

 

[levitate]

You’re going to get a piece of shyt if that’s your budget

Breh will literally be driving a piece of shyt with that budget.

 

[levitate]

I'm waiting for something like a cheap used SUV im not spending no more than 2k-3k..

Breh you my mans but:

 

[SPACE IS FAKE]

u can find something for 3 bands not a suv tho i got my car for around 3300

 

[King Poetic]

Not until beginning of 2024

 

[King Sun]

Let me keep my eyes on this K5 GT then

Might as well cop the stinger at that point.

 

[BigMoneyGrip]

Funny how banks will be quick to give you a loan for a depreciating asset no matter how bad your credit is but will juelz to give you a loan for a home(appreciating asset) even tho you got a 750-800 credit score… this for my brehs out there don’t fall for the okey doke about a auto market bubble

 

[TM101]

used car prices are dropping whole sale, meaning dealers are getting cheaper cars, not buyers.
Also, the drop is to 2021 prices which is still a lot higher than the market pre-covid.

Not until beginning of 2024

Yeah I saw the manheim chart and we won't go back to 2020 prices until 2024 earlierst.

 

[Sad Bunny]

u can find something for 3 bands not a suv tho i got my car for around 3300

What you driving?
How many miles?
What year?

 

[Still Benefited]

I spent a year in ubers waiting for that to happen. Then ending up saying fukk it and buying a cheap used car anyway. Could have had something sweet if i just bought in the beginning. Moral of the story,dont neccessarily believe the hype. My fault for not having a secondary car like usual though.

 

[SPACE IS FAKE]

08 g35, 130k @Gator Reloaded still get compliments on my car

 

[IIVI]

 

[Ɀoᥱɣ]

2014 911 Carrera, it's such a pretty car and I can actually afford the down payment + monthly payments but I can't justify paying $60k+ for a 2014

 

[Schadenfreude]

I’ve heard from a few different places that this is true.


OP is right.

He is. On average the used car prices are down about 14-15%, give or take.