All I buy is used vehicles, but they are out of sight now.
Obey the supply-and-demand curve. It's the law.
Its not a law you can only buy a car from a dealer.
Its also not a law you must only buy a new car.
All I buy is used vehicles, but they are out of sight now.
Obey the supply-and-demand curve. It's the law.
It’s not the law, of course, but it procides the best protection for the consumer, who is typically making the second largest investment of their lives. So regardless of the alternatives, the primary goto for many consumers will be a dealership. Yeap, they’re screwed.
Its not a question of that. It’s a question of inventory. There isn’t enough of new or used.
Yes the chip shortage is a YUGE deal
One thing that isn’t discussed is the damage Cash for Clunkers did to the used car market.
A friend used to flip cars. Buy them at auction, get them running and sell them. Did it as a side hustle and did well. Soetero showed up, rigged the game for the car makers and unions, and my friend was looking for another side hustle. His operation was done in a month.
You do realize that 1-2 year old used cars are now going for more than they were purchased for, correct?
That right there should tell you how inflation has impacted the cost of new and 1-2 year old vehicles right there.
Now, please educate yourself as to what's going in the world before you go off uninformed and half-cocked again.