Fear of Impending Car Price Collapse Grips Auto Industry

Buckeye Fever

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Just imagine if automakers were deemed essential. There would REALLY be an overstock of inventory:whew:

All bullshyt aside though, that is a job you cant even practice social distancing at, unless you slow the lines down significantly.
 

AAKing23

92' til Infinity....
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Here we are in November and car prices went the fukk up. :damn:

NPR Choice page

Got a lot of people that are flush with cash and nowhere to go so folks across the US said fukk it I'm buying new a car.
Demand is up with Covid, people don't wanna use public transportation


The rise in prices is still unsustainable and is gonna burst the bubble soon
 

ORDER_66

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Demand is up with Covid, people don't wanna use public transportation


The rise in prices is still unsustainable and is gonna burst the bubble soon

Good!!! :birdman: I want me that SRT challenger to drop in price fukk that other bullshyt they talking!!!
 

Wink Beaufield

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:snoop: gawddamit!!! they ruining the market...

Man its a mess out here. A lot of dealerships got low inventory so finding the ride you want to spec just aint happening. Them Yota trucks I been looking at fly off the lots like crazy and the 2021 TRD 4Runners are right at $60k. Even with corona in the streets, people are traveling the country to buy them joints in the color/trim they want.

Demand is up with Covid, people don't wanna use public transportation


The rise in prices is still unsustainable and is gonna burst the bubble soon

Yeah, my moms is a part of that crowd, she hasn't been on metro since the pandemic started. She been using Uber heavy and she now looking for a ride but she waiting until these prices drop.
 

Spence

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Yeah tourism/vacation dollars have been converted to road trips and the vehicle to take them in is now getting that money funneled in that direction. That being said the fiscal cliff is basically December 22nd which is going to make a very sad Xmas for a lot of people.
 

WaveCapsByOscorp™

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Went to the dealer back at the end of October because they emailed me something about refinancing my loan. Turns out they was just trying to sell me a new car.

And they really didn’t even care about any details whatsoever, they was just trying to get me to agree to whatever so they could chalk the sale up.

was incredible to see the desperation
 

Womb Raider

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I’m tryna wait till the market crashes but COVID is ruining public transportation :mjcry:
 
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