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SVTPerformance's Chain of Restaurants
Road Side Pub
Which mustangs are currently at their lowest value/best deal
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<blockquote data-quote="jpro" data-source="post: 16466142" data-attributes="member: 72690"><p>This isn't specific to Mustangs, but I saw a YouTube video last week where a used car dealer was saying that the prices for used cars in general have risen substantially since the pandemic. He was having to raise the prices of his cars because he was paying more for them at auction because the public is looking for used cars over new ones right now. People who can't qualify for a loan because they lost their jobs are looking in the used market, so demand is high and the guy was having trouble keeping his inventory up. Also there are some extra charges on "subprime" loans right now so naturally the dealer is going to pass the expense on to the customer with poor credit, which means higher used car prices in general. At least this is the way I understood it. </p><p></p><p>As far as Mustangs go, the prices have jumped too. People are asking crazy money for cars in general right now. I think the average trade in value for cars is up too.</p></blockquote><p></p>
[QUOTE="jpro, post: 16466142, member: 72690"] This isn't specific to Mustangs, but I saw a YouTube video last week where a used car dealer was saying that the prices for used cars in general have risen substantially since the pandemic. He was having to raise the prices of his cars because he was paying more for them at auction because the public is looking for used cars over new ones right now. People who can't qualify for a loan because they lost their jobs are looking in the used market, so demand is high and the guy was having trouble keeping his inventory up. Also there are some extra charges on "subprime" loans right now so naturally the dealer is going to pass the expense on to the customer with poor credit, which means higher used car prices in general. At least this is the way I understood it. As far as Mustangs go, the prices have jumped too. People are asking crazy money for cars in general right now. I think the average trade in value for cars is up too. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Which mustangs are currently at their lowest value/best deal
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