Thread: Wait or buy now
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Old 06-09-2022, 09:31 AM   #20
VR Baron
SoCal Camaro5 Race Team
 
Drives: 2021 Shadow Grey Camaro 2SS 1LE
Join Date: Mar 2010
Location: SO CAL
Posts: 14,367
Quote:
Originally Posted by ember1205 View Post
I can absolutely see prices coming down and not too far into the future, either.

Inflation, gas prices, and a lot of concern about the economy turning downward are putting a lot of people on edge about a lot of things.

I read something yesterday that said the average time to sell a Mustang right now off of a dealer lot (new) is something like 61 days. Granted, the ones that are dragging the average down are likely NOT the ones with V8's, but still...
Economy is slowing a lot. And house mortgages are down 20% with a now more then normal 9 month supply. I wouldn’t buy a car for awhile unless your job is secure in the next two years
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