How crazy high the used car market is in even salvage vehicles

[aquariuscsm]

All the corner lot tote the note mom and pop type lots around here are either totally empty or out of business.

 

[jrvn]

It would help if the math was correct. If you had a 20k car and it increased 50% in value, that would make it a 30k vehicle, not a 40k vehicle. For 40k, that would be 100%.

ok give me $30k

 

[Silverado12]

When things get back to normal there's going to be a lot of upside down auto loans out there. Def not a good time to buy a car. Look at how crazy things got in the week the east coast had a fuel shortage. Everyone goes crazy.

 

[RooflessVW]

When things get back to normal there's going to be a lot of upside down auto loans out there. Def not a good time to buy a car. Look at how crazy things got in the week the east coast had a fuel shortage. Everyone goes crazy.

It's a great time to buy a car. This time last year I was tanked in my VW.

I just traded it in and got a ridiculous amount.

 

[AZjeff]

When things get back to normal there's going to be a lot of upside down auto loans out there. Def not a good time to buy a car. Look at how crazy things got in the week the east coast had a fuel shortage. Everyone goes crazy.

Not sure I agree. Buying a new car or truck at MSRP instead of a few thousand off and getting crazy money for any kind of a decent trade isn't going underwater. Buying a decent used truck at today's prices with no down payment and a low value trade might do it.