Thread: Used car prices
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Old 14-08-2020, 02:08 AM   #87
BENT_8
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Join Date: Feb 2006
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Default Re: Used car prices

Quote:
Originally Posted by Jack91 View Post
Ive bought and sold multiple cars over the last 3 months and I can tell you that if you think people are desperate and will take lowballs because of the current situation, thats incorrect and almost total opposite of what I've seen. Of course there are exceptions but overall it somehow seems like a sellers market at the moment. I can give you multiple examples if you like but you only have to look at the price hike in most genres and see that theyre selling.
Agreed, was talking with a salesman a few weeks ago and he said in 40yrs in the industry he'd never seen such limited supply.
I asked him why, he said dealers can sign up new cars but cant deliver as there is no stock on the ground so trade ins aren't coming through and private sellers aren't listing as they'll have no transport in the interim.
He also said the super redraws were pushing up what was available as sellers know buyers have access to easy money.
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