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Anyone else notice the VALUE OF A USED CAR these days?

 
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User ID: 40761893
United States
08/19/2013 12:14 PM
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Anyone else notice the VALUE OF A USED CAR these days?
I am not sure if anyone has noticed, but over the last couple of years, since the infamous "Cash for Clunkers" program, used cars have held values much better than they should.

The odd part is the used car market is non existent over a certain price because banks don't hand out checks like they used to any fewer people obviously pay cash, which has forced car sellers to walk into a dealership and get hosed or buy another over priced vehicle.

Look at car prices and you'll see it doesn't make much sense. The economy certainly doesn't support it, yet all the government interference with banks, manufactures, etc. are making us spend more on cars we don't need. The only problem is they're not give us much of a choice.
Anonymous Coward
User ID: 45204798
08/19/2013 12:16 PM
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Re: Anyone else notice the VALUE OF A USED CAR these days?
It's been a rigged market for years


The only thing that has changed is the very bottom due to the rise of scrap prices
aqmah

User ID: 957834
United Arab Emirates
08/19/2013 12:26 PM

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Re: Anyone else notice the VALUE OF A USED CAR these days?
NEW cars are not very popular here between indians, they are major buyers for used cars in middle east. they like used toyotas.
Anonymous Coward
User ID: 17382326
United States
08/19/2013 12:35 PM
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Re: Anyone else notice the VALUE OF A USED CAR these days?
Gay dudes don't worry about used car prices because they just bend over and drive each other around...........

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