Quote:
Originally Posted by xF9_ar3
I submitted a "buy my car" form a few months ago on a few websites like shift, vroom, etc... and the offers they've made have started to taper off and some even dropped. Cargurus index price reflects that as well. Last 90 days was an average market increase of 17.46%, past 30 days was only 3.26%. https://www.cargurus.com/Cars/price-trends/ |
You are absolutely correct. The Manheim used car value index also indicates that for the first time since Dec 2020 used car prices are declining albeit by a small percentage. Not sure who buys these used, "goldy locks" Camaros at or above original MSRP, but those folks will be severely underwater come this fall/Winter when prices normalize.... nonetheless Yolo but have a little bit of a smart Yolo...rant over