Quote:
Originally Posted by raptor5244
Agreed, after inflation spikes the prices never actually go back to prior levels. They may retreat some but never all the way back. These become the new prices. We printed money like crazy, devalued the dollar and now we need more dollars to buy the same damn thing.
|
Exactly. Cars aren't getting more expensive, dollars are just worth less. Sticker prices are actually not keeping up with the official 7.5% inflation rate....yet. I originally planned to wait until 2024 to get a last year Camaro. I moved up that up to beat the even bigger increases that may be coming.
Once the supply chain issue shakes out, the sticker prices won't go back down....but trade in values probably will once supply normalized.