Was This Finally “Peak Insanity” in Used Vehicle Prices? And all other crystal ball questions

[justsharing]

@Omeletpants

never back to the pre-Covid levels

Please reopen the following thread as that’s what we will be discussing from now till end of time…

Are too many newbies expecting a unicorn-type deal?

After reading hundreds of posts over the past couple of months, my initial observation is that a lot more folks expect dealers/sales people to offer them a unicorn-type deal on their first try of negotiation. I am going to use BMW deals as an example. From what I have read on LH and by my own research, the consensus is that a 10-12% pre-incentive discount can be easily had on a new car, 15% on a new car that has been sitting on a dealer’s lot for a while, and up to 20% off on a loaner. Does it …