I was a car salesman for a main dealer for 7 years. I started when I was 21. Back then Vans were cheap asf, car deals and APR was much more flexible. Over the last 7 years there has been a exponential gradual decline in Stand in values. Then COVID happened and restarted the economic cog wheels of society and direct consequences that will affect society for the next decade atleast -where High Inflation, APR increases, Cost of Living Crisis & General Societal meltdown takes place. Semi conductor shortages since the last 3 years and no sign of it being resolved, overall car parts are extinct,, car manufacturing is down. Overall brand new car purchases are nearly extinct, used car sales maintain a steady sales volume, used car sales prices over 30% cap values originally, pre-registered nearly new cars cost just as much as a brand new one now and they used to be massive savings in pre registered cars. Few years ago. May God help the car sales industry so I can return to a job
Love the podcast
I was a car salesman for a main dealer for 7 years. I started when I was 21. Back then Vans were cheap asf, car deals and APR was much more flexible. Over the last 7 years there has been a exponential gradual decline in Stand in values. Then COVID happened and restarted the economic cog wheels of society and direct consequences that will affect society for the next decade atleast -where High Inflation, APR increases, Cost of Living Crisis & General Societal meltdown takes place. Semi conductor shortages since the last 3 years and no sign of it being resolved, overall car parts are extinct,, car manufacturing is down. Overall brand new car purchases are nearly extinct, used car sales maintain a steady sales volume, used car sales prices over 30% cap values originally, pre-registered nearly new cars cost just as much as a brand new one now and they used to be massive savings in pre registered cars. Few years ago. May God help the car sales industry so I can return to a job
Is it a good time to buy a 992 4s ? Cash
It’s certainly a buyers market right now especially if you have ready funds and can move quick