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I think the used car market is suffering from a few things. Some states implemented "extreme" used car sales taxes (Ga) Cash for clunkers,zirp, caused a surge
by smileysteve 2y ago
I think the used car market is suffering from a few things.
Some states implemented "extreme" used car sales taxes (Ga)
Cash for clunkers,zirp, caused a surge of new cars after 2008.
Cars produced after 1996 (OBD2) and 2003 (wideband, multi fuel), and 2008 (8 speed zf transmissions with full lockup - and dsg for sports cars) are incredibly reliable - especially with a 100k mile warranty and service packages.
Then you have the 2017 tax cuts, compounded with 2020 chips shortage.
Somewhere you also have ev incentives