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Car Forum / Nissan / Nissan Cars / December 2008

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Has the price of used cars gone down with the economy?

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cleanwindshield@gmail.com - 21 Dec 2008 02:02 GMT
Or have used car prices gone up because people have stopped buying new
cars and are buying used cars or holding onto used cars longer.
me - 22 Dec 2008 14:51 GMT
>Or have used car prices gone up because people have stopped buying new
>cars and are buying used cars or holding onto used cars longer.

Good question. The trend seems to be down, as people are dumping
expensive cars they can't afford and supply is exceeding demand. Also,
with dealers highly discounting new cars, used prices need to drop at
the top, and so on down the line.
 
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