Used car market: On the decline?
Is it just me, or does it seem like the used car market is in a decline right now? I remember a time 3 - 4 years ago when I could literally sell 2 cars a month with little to no effort at all. It was a major source of income for me to flip cars over for a quick profit. I'd routinely sell at least 12 cars a year between my dad and I. I literally worked 6 hours a week through high school, but with all the cars I would sell, I'd still have more than enough money to do whatever I wanted. It seems, though, that over the past year or so, used cars are becoming increasingly harder and harder to sell, especially at a profit. Anyone else seem to be having this problem? It's frustrating!
|
Re: Used car market: On the decline?
Depends on the car I guess. I usually have to wait for the right buyer to come along to get what I want for a car, but yea 3 years ago I could sell any car easy. After 3F3F though it should be real easy to sell mine :)
|
Re: Used car market: On the decline?
used gm's are taking a dive with all the discounts they provided. plus dealerships are letting almost any kid walk out with a new car bwith zero down and no credit history.
|
Re: Used car market: On the decline?
The new cars are lasting a lot longer, and people are getting comfortable. I know i like my ride.
|
All times are GMT -8. The time now is 03:24 PM. |
© 2024 MH Sub I, LLC dba Internet Brands