It’s a weird market for sure. I bought a used SUV last June for $7k.
A week later a dealer offered me 10k.
A month or so later a dealer from Wisconsin offered me 13k.
The first dealer recently offered me 20k.
It’s idiocy.
Have you seen how many airstreams are listed? Some days there are more than 20 on the airstream blog.
I figure this seller’s market will dry up soon enough and all those impulse buys will be for sale, I expect at a loss. More-so with airplanes bought sight unseen in 20 and 21 when the buyers figure out what money pits they are. That is unless people have more money to burn than I expect they do.
The tax bills on the cap gains of the last two years are due now and there are some shockers to be paid in a market that lost most of the gain from last year. Bugger.
Too old soon,
Too late smart.
Some lessons are harder than others.