Quote:
Originally Posted by Tcoat
There will still be a segment of the population that will still insist on buying new no matter what happens to used prices. It will certainly knock many makes and models values way down. It will probably not impact the "performance" and sports car market much though since there are no fleets of them being unloaded in bulk. Be a great time to buy if you are looking for a white base trim Camry, Focus or Malibu though.
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I might have to dust off my auction pass to attend a manufacturer's specialty auction like Lexus later this year. Not that I'd buy but more for market research and Lexus auction hospitality with their impressive catered lunches.