Quote:
Originally Posted by 90503
Just what I recall hearing that used cars for trade-ins will have ZERO value.
Dealerships will not even want them. All rental fleets are parked and moth-balled already.
Maybe a bad rumor, sorry if completely off. But the new-car market is completely out of whack and will never be the same. good luck.
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If manufacturers aren't making new cars, dealers aren't selling new cars, than the price of used cars will increase. Rental agencies aren't renting any cars because no one is traveling.
The value of our cars (and other late model used) will hold strong.