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      02-10-2022, 12:45 PM   #1
maul3d
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Drives: 2016 AY M4 - 2012 Nissan GTR
Join Date: Nov 2017
Location: In WOT land.. under a bridge near you

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Rising rates.. Used car prices come down? Thoughts

Massive CPI numbers annouced today.. with impending interest rate hikes next month....25% -.50%? should be interesting what happens with borrowing.

I remember prior covid, how much trouble I had selling my sports cars. Afterwards, seemed everything flew off the shelf faster then you could call the sellers, and for 10-40+k premiums. Why? I believe people accessing HELOCs to buy toys due to the massive inflation in equities from the money printing... because I couldn't give shit away before..

I even put a dummy ad on autotrader on my old GTR.. and had 15 people email me offering CASH, same day.. PRIOR covid.. I had 2 emails offering 10k less.. Just to give you an idea!


Another variable of course is shortages of new car sales, or awaiting delivery due to chip shortages.

I just want to get that GT3 again for early 2020 prices.. lol

No sports cars for me for now... cant justify it.. big bubble
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