Yes. What will be interesting to watch this year given some head-winds:
far fewer Americans will receive tax refunds
with gas price and new/used car price inflation: will upgrade buyers pull the trigger or wait (fewer wants / more needs)? How many people will make an expensive impulse switch to something more fuel efficient?
as loan/lease rates creep up, will that slow sales?
All of that with ongoing impairments to supply: chips, rubber, wiring harnesses, palladium, nickel, natural disasters, civil unrest - just to name a few.
When I got my wedding ring, I got primarily palladium because I wanted something interesting and different. I’m going to have to fight off catalytic convertor thieves now.
Palladium has done me very well the last 5 years. I’m up about 500% on it. Great industrial metal to hold on to
I won’t even talk about my rhodium gains. The physical market has completely detached from the paper market. Expect more of that with metal in the future. It’s all a scam. Gold should be 15k an ounce. Silver 100
don’t know about insanely busy weekend, but my dealers have been dumping a lot of dated used inventory that they have had for over 90 days (all overpaid for).
“ Hello Everyone, I’m considering letting go of my very special, custom 2020 M5. I love this car, but starting a family and need to move to an suv. I am offering 2 options for potential interest: 1. Takeover my lease, but I would need $30,000 in cash, to cover the cost of my down payment and all the modifications. Example, the wheels/tires alone cost 15K, and the wheels hold their full value. 2. Buy the car, and you will get all stock parts, plus everything listed below. Asking $149,999 or best offer. MSRP was 130K + 30K of modifications + inflation, -10K for one year of driving. Serious inquiries only please.”
ya was wondering if there should be a separate thread.
There was an x3 m40 on there for 700/mo with like 11 months remaining as well, who wanted 12k firm down and said "dont waste my time if not serious and the car is clearly worth this ". They’re pretty entertaining.
I got my CarMax appraisal just to see what they would come up with. I have no intentions of selling it right now but was just curious.
Their offer was quite shocking. They offered $54k for a 22 Yukon SLT with Premium Package and 4K miles. They attached the KBB trade-in value which comes in at around $73k. So they’re about $20k below KBB.
What’s interesting is on their website they have a 2021 Yukon SLT with 74k miles listed at $62k.
