Quote:
Originally Posted by Obioban
Quote:
Originally Posted by IK6SPEED
You are assuming used car demand will continue at current pace with Peak Car in the past.
Logic says they both will fall.
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If people are buying less cars because there's less world demand for cars, perhaps. If people are buying less new cars because they no longer have money for new cars, I'd disagree.
All I know is that all my older cars are appreciating
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Uber / Lyft is reducing need for car ownership, especially with younger generations.
Cars from the past 20 years are not appreciating.