Originally Posted by Franc Rauscher
Perhaps we can also thank CASH FOR KLUNKERS.
Did I really say that?
Yes---Yes---Yes!!!! Both are So true!!! When the NEW car market crashed, no one was "trading" used cars in---New cars sales went from 16 million to 10---PLUS the "cash for clunkers" took another 650,000 out of the market. People (the very poor) who would have bought them still need a car, so they are forced to move up market increasing the demand in a market that has less cars. I buy and sell at the auctions and I have NEVER paid so much for POOR cars---GOOD NEWS---I have never got so much for poor cars!!!! Our cars will still go down over time, but the curve will and has started to flatten!!!