Skye
Well-Known Member
This AM I read an article on a recent economic poll and their findings.
In general, while top-line and headline numbers do show well, as you dig deeper, read most peoples' experiences and study the findings further, things are not all that great. Any gains being made from interest rate returns or wage increases are being wiped out by inflation and product price increases. Many are simply running in-place, if not even further behind.
Most Buyers not going to be looking for a $70K+ DH unless they can either buy it outright or comfortable enough in their job and finances to afford the payments. IMO, this group is on the decline, at least for now, or, pausing on any significant purchases. While some can and do use such cars as DDs, for most of us, they're pleasure cars.
For those that can wait, there might be some prime buying opportunities (any vehicle) in the near future.
In general, while top-line and headline numbers do show well, as you dig deeper, read most peoples' experiences and study the findings further, things are not all that great. Any gains being made from interest rate returns or wage increases are being wiped out by inflation and product price increases. Many are simply running in-place, if not even further behind.
Most Buyers not going to be looking for a $70K+ DH unless they can either buy it outright or comfortable enough in their job and finances to afford the payments. IMO, this group is on the decline, at least for now, or, pausing on any significant purchases. While some can and do use such cars as DDs, for most of us, they're pleasure cars.
For those that can wait, there might be some prime buying opportunities (any vehicle) in the near future.
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