“The people who are looking for need-based transportation as opposed to want-base transportation — the folks who are looking for the traditional $10,000 or $12,000 car that has, you know, 95,000 or 105,000 miles — those folks are having a very difficult time in this market right now,” says Matt Jones, head of communications at TrueCar.
“This is troubling,” he adds.
We have been very fortunate my husband’s brother has been very successful in oil and gas. He has given us 3 different vehicles over the years that we have managed to keep on the road and still have a 2000 Jeep that our daughter bought as her very first car from her own earnings at 15. She gave us this Jeep that my husband has been able to work on and that was equal to the cost of her insurance that she owed us after purchasing her second car. We run a tight ship here. MX lawn-keepers are now always asking if we have a car for sale. We have 4 in the driveway.