That said, what you said is the right way to do it - the rub is getting to $2M for most folks. Hard to do if you make less than $100K a year - not impossible by any stretch but hard and will take a long while.
The big 3 were to blinded to see what was on the other side. Cars lots full of cars that aren't selling..
used car prices are slowly coming down, but it seems a lot of people still want top dollar for their car they can't afford or realize that they now need money because the govt ain't giving it away anymore.