5 ms·
>Most cars that left the road were the oldest and heaviest. Pure fantasy. Old commuter cars and family haulers were what was removed. Stuff like 90s Suburban
by throwaway0a5e 4y ago
>Most cars that left the road were the oldest and heaviest.
Pure fantasy.
Old commuter cars and family haulers were what was removed. Stuff like 90s Suburbans and F150s got turned in at a much lower rate than things like Cavaliers and Tauruses.
Remember, times were not great back then, trucks and SUVs are useful vehicles. You're not gonna get a lot of people who have old ones trading them in on a Camry because that's a net downgrade in capability. And the SUV craze was new enough that the trucks and SUVs that had been bought frivolously were still mostly worth enough to be unaffected.
>To suggest that it took inventory off the road affecting today's markets doesn't hold water.
It definitely put the used car market into a state it could have not otherwise gotten into. Whether it ever "recovered" is a matter of opinion. Many people say the private party shitbox market has never been the same but I personally think that's rose tinted glasses.