Vehicle pricing trend?

Joined
Jul 5, 2020
Messages
102
Location
Raleigh, NC
This is a general question regarding thoughts on LC pricing as the economy has seen the highest inflation in many many years. For a lot of people purchasing a land cruiser comes from disposable income or possibly financing and with the price of EVERYTHING going nuts disposable income is probably shrinking and the cost of borrowing money has gone up.

This is NOT a political discussion nor do I pose this question to incite one. This is purely a market question coming from a future 40 buyer. Will the market soften?

Thoughts? TYIA
 
Joined
Jul 11, 2013
Messages
1,584
Location
California
The repo market is taking off again, Vegas is having a boom in repo cars along with other areas. One particular repo yard purchased a 10 acre parcel just for the expected demand the banks are telling them is coming. The current lot I believe is two acres and full.

So prices should start falling soon… followed by other things.
 
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