Cheap is unlikely - have you seen what they are asking for a two-year old with 40kish on it? Why would I pay 20k for that when I can get it new for 25k?
You're correct - the price of used cars now is (and has been) stupidly high. That's my point - in 6+ months will we see a flood of repo cars hitting the market and /or under-water owners looking to sell?