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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (177943)1/19/2009 12:59:15 PM
From: bentwayRead Replies (1) | Respond to of 306849
 
"The most amazing thing about the car business to me right now is the massive depreciation on barely used cars."

This is happening all the way down the used car market to the completely depreciated models I usually buy. The pressure starts at the top with the dealers shoving out overstock for cost. Adding to that are distressed people trying to sell a third or second car to raise some cash and distressed used car dealers.


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