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I've been shopping around because my lease is up. There's no collapse that I can see. Nor should there be. The auto plants are shut down. There's no new product
by xhkkffbf 7y ago
I've been shopping around because my lease is up. There's no collapse that I can see. Nor should there be. The auto plants are shut down. There's no new product being built. While most people aren't driving as much, some folks (delivery drivers, nurses) are driving more. Those cars will wear out.
- arkanciscan 7y agoThe article predicts a glut 6 months from now. Specifically in used car auctions. Are you shopping at Copart or IAAI? That's where rental companies liquidate their fleets.
- tardo99 7y agoSeems like maybe the company who leased you the car might be willing to do a deal to get you to keep the car a bit longer. It's not like they'll be able to sell it quickly.
- Scoundreller 7y ago> some folks (delivery drivers, nurses) are driving more. Those cars will wear out. Iunno, the delivery drivers using cars are using Corollas or Civics. They don't really die. And when they do, they become parts cars to keep the rest of the fleet up.