Used Vehicle Prices Plunge Signaling End Of Auto Party

Zero Hedge ^ | 8/8/12 | Tyler Durden

[nascarnation]

However, there is one index that tends to see through all the unreality much more clearly than our analysis above, that is the Used Vehicle Price index. Each time this index has dropped and broken below its two-year average, the auto industry has tended to fade rapidly.

[listenhillary]

“didn’t know there was a party.”

I didn’t get an invite either.

[Spktyr]

My 87 Jaguar XJ6, never a paragon of reliability, was able to do that. :P

[CommieCutter]

Same here. We have to Japanese rides and we’re riding them until they crumble 20 years from now. lol

[CommieCutter]

*two