Car Market Crash Deal MEGATHREAD

[Buster]

[max_boost]

is it crashing

[Xtrema]

Where are the cheap repo Lambos?

[Buster]

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is it crashing

One impact of high rates in the US right now is people are feeling stuck in their homes, so the RE market is becoming less liquid and supply is declining, increasing prices.

As people the pinch on their RE side, they start to liquidate other assets and bring down their discretionary spending.

[max_boost]

no luxury tax 911 turbos be sweet
totally gonna heloc that shit

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One impact of high rates in the US right now is people are feeling stuck in their homes, so the RE market is becoming less liquid and supply is declining, increasing prices.

As people the pinch on their RE side, they start to liquidate other assets and bring down their discretionary spending.

increasing prices? so bigger heloc? aha

[Buster]

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no luxury tax 911 turbos be sweet
totally gonna heloc that shit

- - - Updated - - -



increasing prices? so bigger heloc? aha

We'll see if the lending environment in the US with respect to this type of stuff has changed and people have learned their lesson. Probably not.

[DonJuan]

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no luxury tax 911 turbos be sweet

I'm waiting impatiently too

[Xtrema]

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I'm waiting impatiently too

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no luxury tax 911 turbos be sweet
totally gonna heloc that shit

Theoretical bubble already?

[KrisYYC]

https://ca.style.yahoo.com/car-marke...D7cm6Z18Zmyii9

[heavyD]

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https://ca.style.yahoo.com/car-marke...D7cm6Z18Zmyii9

This is regarding the US not Canada. I was on holidays in the US and their dealers have much, much more inventory than Canadian dealers who still have relatively empty lots.

[Buster]

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This is regarding the US not Canada. I was on holidays in the US and their dealers have much, much more inventory than Canadian dealers who still have relatively empty lots.

There's a word for how this arbitrage is addressed ...

[danno]

At least that might slow the importing of Canadian cars and trucks to the states. More supply here for us to deal with to drive used prices down

[Twin_Cam_Turbo]

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https://ca.style.yahoo.com/car-marke...D7cm6Z18Zmyii9

Market data from 4-5 months ago lol.

[Buster]

[max_boost]

Post the deals

[ExtraSlow]

Now is a great time to buy.

[mr2mike]

Sucks when you owe significantly more on a vehicle than what is worth.
The above msrp crowd will learn.

[killramos]

No they won’t

[ExtraSlow]

Long experience supports killy here.

[heavyD]

I still can't figure out how people in this city can afford to pay current house and mortgage prices, let alone the inflated car prices. I probably couldn't afford to buy my own house today at market pricing. Where is all the money coming from?