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Used Vehicle Prices Plunge Signaling End Of Auto Party
Zero Hedge ^ | 8/8/12 | Tyler Durden

Posted on 08/08/2012 7:00:38 PM PDT by 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.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: automakers; bhoeconomy; clunkers; economy; sales; used; vehicle
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To: the invisib1e hand

“didn’t know there was a party.”

I didn’t get an invite either.


41 posted on 08/09/2012 5:37:43 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: Gabz

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


42 posted on 08/09/2012 9:15:47 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Lysandru

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


43 posted on 08/09/2012 6:35:52 PM PDT by CommieCutter
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To: CommieCutter

*two


44 posted on 08/09/2012 6:38:48 PM PDT by CommieCutter
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