Quote:
Originally Posted by hoki06
I've been watching the market closely for a while now as we're in the truck market. I almost purchased a lightly used F150 in early 2021 as prices were rising and held off. I've been watching since and we're now planning to purchase either new or lightly used in spring/summer 2023. From a buyer's perspective these trends are promising but we'll see what happens over the winter.
Agreed with TheWatchGuy on pricing trends lately. The $30-40k+ vehicles seem to be coming down slightly, more affordable sub $20-25k stuff hasn't changed much.
|
Wages are up on the low end of the economy (well all wages really) but with such a big jump in the hourly of lower income it’s probably a safe better that the low end of car market wil hav ea higher floor.
The same is going to happen with housing even in those areas (west coast) that have bigger adjustments to their markets. Low end will stay strong especially with
so many first time buyers pushed out during covid.