- First Name
- Nelson
- Joined
- May 23, 2022
- Threads
- 4
- Messages
- 314
- Reaction score
- 405
- Location
- Altamonte Springs, FL
- Vehicle(s)
- Mach-E 4X, 23 GC Limited
- Your Bronco Model
- Heritage
The doom and gloom is silly because new cars sales are still slightly up from last year and projected to remain that way.Interest rates are high, but that is to slow inflation down because people won't stop buying. Houses are still selling for some unknown reason, and the stock market is at an all time high as well. Consumer debt always goes up, but in general, available credit is healthy.
Just curious, what's your measure for saying the economy sucks right now?
https://www.coxautoinc.com/insights/#snapshot
What has changed is consumer tastes. Cheaper cars are flying off the lots and overpriced trucks like the Tundra and Gladiator are rotting. Broncos are the poster child for overpriced vehicles after all the price increases.
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