04-10-2023, 02:40 PM
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#1184
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damn onions
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Quote:
Originally Posted by you&me
Manufacturers have changed their tune since COVID and are now willingly cutting production to optimize inventories and limiting the need for dealers to discount from MSRP.
Even with reduced demand do to economic concerns and affordability issues due to higher finance rates, I can imagine a scenario where production is also cut to keep used car prices up; afterall, the majority of new cars are financed through the manufacturers, and they have an interest in not crashing the used market.
I'm not saying things will stay as frothy as they've been, but there are a number of mechanisms in place to prevent a market crash like some are predicting...
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Do you sell cars?
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