People still need cars, usually. So people who owe $50k on a car can sell and buy a $20k car while people with $20k cars are selling to that person and buying a $5k car or whatever. People are in different ranges based on their situation with income and needs.
Interesting. But if everyone sells their car soon as the economy brings the pain then they won’t be able to sell their cars right?
People still need cars, usually. So people who owe $50k on a car can sell and buy a $20k car while people with $20k cars are selling to that person and buying a $5k car or whatever. People are in different ranges based on their situation with income and needs.