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I know.. I finally paid off my student loans and can afford a car and house and this is what we get for all our hard work
Even 5 years.. thx mom & dad
Pro
As soon as we start asking questions like this the market will turn. That’s been proven so many times.
Conversation Starter
22:25 for commentary on how dealers are making more money now than every before. I’m also in M1’s position where I finally have some cash to buy something nice, but instead all my “nice car” money has turned into “47,000mi used” money in this stupid market. Like I can buy a car if I really want to, but there is no value in the market right now, everything is so overpriced. And I fear that there is no incentive for dealer and manufacturers to go back to the “old normal” https://youtu.be/OewDWaxuaOg
Conversation Starter
Yea they are getting a premium on all their sales. Quality vs quantity
Rising Star
Pricing will slowly come back to normal over the next year. There will still be amazing deals to be had in about 3 months.
Conversation Starter
Yea the problem is people continue to pay these prices. How do I short the auto loan industry?