The Great Depression For Cars is Here
Car Market Crash. Interest Rates. Car Prices. Recession.
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The car market has a major problem. People are saying it could completely collapse. Taking down the rest of the economy with it. The Great Depression for Cars. I needed to find out for myself what in the world is happening here
I quickly realized the auto market was rapidly heading towards a brick wall at full speed... something's not right. Straight away prices are high, like way more than I had expected... I own 1 old beat up car, and a fleet of box trucks, but I haven't really been paying close attention to prices.
And this isn't just new cars. Used cars with tons of miles are also selling at a premium. So I started looking back over the past few months to discover that prices were even higher just a few months ago. So is this the start of a major recession and decline in car prices...?
Car Prices Right Now
Car Market Crash
Recession
Interest Rates
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