Unusual low used car supply leads to accelerated deflation due to Credit Crunch and new incentives.

July 11, 2023 10:14 am by CWR

Sharing is Caring!

Something very strange is happening.

Used car supply is at historic lows, yet we *just* experienced the largest monthly decline in used car prices on record.

But that doesn’t make sense — If supply is so low, prices should stay high… right?

Wrong.

It seems like between the…

— CarDealershipGuy (@GuyDealership) July 10, 2023

See also Inventory shortage narrative fades as supply rises, price reductions hit 18.6%; October housing starts hit 80K—a clear sign of recessionary trends.

See also Credit Card Companies Drop BOMBSHELL On Interest Rates!

Leave a Comment Cancel reply