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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. PM thinks the used car market will calm down in 23

PM thinks the used car market will calm down in 23

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  • MikM Away
    MikM Away
    Mik
    wrote on last edited by
    #1

    It's crazy. We could sell our 2010 Camry XLE for maybe more than we bought it for in 2014, with 75K more miles on it. The problem is we occasionally need a second car. It probably doesn't get more than 1K miles a year, if that.

    https://www.msn.com/en-us/autos/buying/the-used-car-market-will-crash-soon-this-is-why/ar-AASl5ZC?ocid=msedgntp

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

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    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #2

      My daughter payed almost $11K for 2011 Camry with 95K on it. The guy she bought it from said he could have gotten $13K if he had just held on to it for a month.

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #3

        BTW, price is going up, but one of these would make a nice second car:

        https://carbuzz.com/news/heres-when-2023-ford-maverick-orders-will-begin

        FWD, but it's not a new engine/transmission combo. Same as the Ford escape with a longer body.

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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