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

Jonny Tran and the Honda 2000

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Johny “Tran” has a whole new meaning in 2022!

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The listing says Manual…so it’s a typo…darn.

One of the greatest movies of all time. :wheel::sunglasses:

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It would be Jeni Tran in 2022.

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drought has fucked chinas car manufacturing supply chain with major cities shutting down production

In my best Jerry Seinfeld voice…… that’s a shame.

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Is that what they’re calling the new variant?

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Looks like it sold after dealer dropped the price to $29997. That is still over $1k higher than my buyout. Feel a little bad for new buyer as the car fax said no accident but had a someone back into it while parked.

I grounded the car didn’t benefit me. I was certain it would be on car fax as we made a claim against the at fault party and got it repaired over $3k. The back trunk lid shattered and bumper was replaced.

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Why’d you delete that? The clownery on display is a perfect example of why it’s so hard to deal with car salesman. They’ve normalized $1500 payments to themselves

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Sorry didn’t mean to reply to your post. Just commenting on what I’m seeing.

I’ve had the slowest last 2 weeks since the pandemic. I think serving Toyota is pretty indicative of the entire car market as a whole. That being said I still only have 8 new cars on a lot that used to have 300+. I’m actually hoping inventories will have a chance to catch up to demand this fall. Between rates and markups pricing is still as high as ever however.

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That’s saying something…

How much of this is to do with ADMs?

Lots of other product is moving

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August has been steady.

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i hope august never ends

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Just need the stork to deliver more 22 XC90s

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Pretty much busted on 2022 anything save for a few X3’s waiting on boat ride from ZA.

Why is this thread slowed??? One of the more important ones…

Anyway, I have plenty of msrp deals. Just Toyota hybrids are over msrp really…they have been for the last 2 years for the most part. Rates are what’s effecting leasing right now for sure.

When I say slow I don’t mean I’m not selling. But volume of inquiries are also way down. What’s concerning is a do a lot of “cheap” leases for people looking to pay sub $400 all in. This market is always consistent and has fallen off a cliff. Take away, people just can’t afford 400+insurance+gas. When you look at the average income in America, 6-700/mo for basic transportation is absurd.

Also a lot of my desirable stock is going to orders. Most of the people that smartly ordered 4-6 months ago at lower markups are getting their cars. For instance my siennas were 2k over, now 4k. Hybrid rav/highlander/venza were 1k. Now 3k. Dealers are getting 2-4k more then they charge me from walkins also.

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