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ยป Do you think used car prices come down once the global chip shortage is over?
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post 1647932813 09-28-2021, 10:00 AM
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  1. DimTriad
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Do you think used car prices come down once the global chip shortage is over?

title
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post 1647933003 09-28-2021, 10:02 AM
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  1. bsmit107
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No.

No prices are ever coming back down without a hard reset to the whole economy.
post 1647933053 09-28-2021, 10:04 AM
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Originally Posted By bsmit107
No.

No prices are ever coming back down without a hard reset to the whole economy.
aw fuk bye

if real estate is any indication of price behaviour, you're def right
Benevolent Dictatorship
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post 1647933113 09-28-2021, 10:05 AM
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  1. OptimusTrajan
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Isn't there supposed to be a crash soon?
post 1647933203 09-28-2021, 10:06 AM
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  1. lolatpaniccels
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"chip shortage" is just a cop out.

This is hyper inflation boyo.
post 1647933263 09-28-2021, 10:07 AM
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  1. DrugsToGetBig
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not until blood starts to spill in the streets
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post 1647933323 09-28-2021, 10:07 AM
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i expect prices to drop when all the losers that havent been paying rent and getting enormous unemployment checks get their cars repoed
post 1647933623 09-28-2021, 10:10 AM
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#8
  1. bsmit107
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Originally Posted By OptimusTrajan
Isn't there supposed to be a crash soon?
No. This is constantly thrown out there for a number of reasons.......

-If it happens...."oh look, I called it"
-Keeps middle and lower class from investing....."I only have $5k in savings and if I put it into the market and it crashes I am fooked"....so their money loses value over time just sitting in a savings account.
-Doomsday and Fear Mongers

We wont see another crash for a long time. With hyper inflation, money printing and most likely raising the debt ceiling, your money is losing value and the only place it will stay on par is in the market. We'll probably see a 40k Dow by early 2022.
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