It’s been about year because I’ve gone over the Car market in it’s totality, so allow’s check on how it’s doing. (Show burning Fire). Yep … That looks about right.
I am sorry to disappoint, however Car Prices aren’t dropping whenever quickly, not significantly a minimum of. We obtained a brief peek of Hopium at the beginning of 2025, only to have Tariffs crush them right into oblivion and a year later, we’re still just cruising on those same waves.
New Car Prices stay at a perpetuity high of $50K, with secure costs month after month showing no indications of dropping considerably whenever quickly. So simply acquire made use of right? Except not actually, because also USED CARS are averaging in between $24K-$ 26K.
That’s the Average Price by the method. I still have to describe to a few of my Gen X and Boomer CO-workers, that you can not locate a $500 Crown Victoria or $1000 Ford Ranger from their Neighbor’s grass any longer in the majority of areas in America.
Heck, Gen Z is lucky if they can even obtain a MOVING CAR for $3000 these days, as even $5000 gets 30 year old cars with 300K mileage. Examine out my Facebook Marketplace Video hereafter one, where despite a budget of $5K-$ 10K, we were battling to see anything under 200K mileage.
Video Sources:.
Zac Rios – How Predatory Car Loans Are Destroying Lives! Purchase Here Pay Here.
Damon Cassidy – The Car Market Is On The BRINK Of Collapse.
Exactly How Money Works – How Is Everything Outpacing Inflation At The Same Time? https://www.youtube.com/watch?v=yU2raZftgmE&t.
The Iced Coffee Hour.
Doug Demuro.
Tyler Hoovie.
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