Average used car price drops below $30K again… Car market is large risk that not many talk about.

Interesting that the ‘usual’ boomer toys (convertibles and coupes) are holding up the best. Only in America would people sign up for one or multiple >$1,000 a month car payments. Car market is large risk that not many talk about.

— Don Johnson (@DonMiami3) August 13, 2023