And when that stops being an issue, which may be as soon as within a month, this entire thing is going to completely reverse and everyone currently paying $20k for an 8 year old Accord or $10k for a 10 year old Cruze is going to be stuck holding the bag with loans on used cars worth half of what they paid. This is one of the strangest bubbles I have ever seen fed by free govt money, lack of new car inventory/discounts, and idiots with cell phones buying overpriced used cars at 8% APR from Carvana, Vroom etc.
THIS IS NOT SUSTAINABLE. Do not plan on this continuing.