Quote:
Originally Posted by redpoint5
Maybe upside down loans will cause a glut of inventory as the cars get repossessed.
About 5 years ago someone was predicting a used car "bubble" that would burst as people defaulted on payments. Don't recall that happening.
...not exactly a small car, but a 2021 Pacifica hybrid for $24k seems somewhat affordable.
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Have you seen the price of used Ford F150 Lightnings? They're going for half the price or even less than their MSRP's!
Sadly it's the more expensive cars that are getting cheaper. Used economy cars seem to stay right next to their MSRP's many years and tens of thousands of miles later.