Used car prices have increased more than 50% in 2021. Historically, used cars decrease in value. You know the old saying about buying a new car? “The moment you drive off the lot, it’s worth 20% less.” Well, in today’s crazy market, the moment you drive a new car off the dealer’s lot it might actually be worth 20% more, YAA reports!
The ongoing chip shortage and undersupply of new vehicles are driving used car prices higher.
Until new car inventories rebound to pre-pandemic levels, we’ll see elevated used car pricing.
People looking to turn in their leased cars should instead sell them for profit.
The cheapest cars are up 50%.
Watch:
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The Government doesn’t want a mobile society. It needs to keep everyone in their place. That’s why the Government is pushing short range electric cars.
Get them while you can because the comrades want no mobility for deplorable kulak untermenschen as part of the control grid matrix Slavestate. A new vehicle is $40,000 with next to no features and the Fjnord dealer sent out a letter stating $800 off on a new car, so what is that leave out the radio or air conditioning? Craving… Read more »