Fuel Economy, Hypermiling, EcoModding News and Forum - EcoModder.com - View Single Post - What would it take for the U.S. to enter a recession?

redpoint5 · 03-27-2020, 11:19 PM

You think all this economic turmoil and layoffs will cause a net increase, decrease, or keep prices about steady for new vehicles (and products in general). What will happen with used car values?

On the one hand, there's little new production (limited supply), but on the other, nobody can afford anything (limited demand).

03-27-2020, 11:19 PM	#97 (permalink)
redpoint5 Human Environmentalist Join Date: Aug 2010 Location: Oregon Posts: 11,890 Acura TSX - '06 Acura TSX 90 day: 24.19 mpg (US) Lafawnda - '01 Honda CBR600 F4i 90 day: 47.32 mpg (US) Big Yeller - '98 Dodge Ram 2500 base 90 day: 21.82 mpg (US) Prius Plug-in - '12 Toyota Prius Plug-in 90 day: 57.64 mpg (US) Mazda CX-5 - '17 Mazda CX-5 Touring 90 day: 21.74 mpg (US) Chevy ZR-2 - '03 Chevrolet S10 ZR2 90 day: 17.14 mpg (US) Thanks: 3,995 Thanked 4,267 Times in 3,253 Posts	You think all this economic turmoil and layoffs will cause a net increase, decrease, or keep prices about steady for new vehicles (and products in general). What will happen with used car values? On the one hand, there's little new production (limited supply), but on the other, nobody can afford anything (limited demand). __________________ Gas and Electric Vehicle Cost of Ownership Calculator Give me absolute safety, or give me death! Last edited by redpoint5; 03-28-2020 at 12:38 AM..