You have a 23 Crosstrek with manual trans in your signature. Do you care to chime in? How long have you had it? How many miles? Your thoughts so far?
Again, a ton of great conversation. Here are a few thoughts of mine off the top of my head:
I called my insurance agent and priced the same coverage the Fusion currently has compared to a 23 Crosstrek. My rates would actually drop a small amount.
My daughter commutes to a local community/technical college.
IIRC, my wife and I looked at a used 2019 RAV with about 30k miles. We "built" the exact same vehicle on Toyota's website, brand new 2023. The used one was $500 less!
Who in the world is going to buy that? Balance of remaining powertrain warranty only on the used.
A lot of discussion about recession, depression, vehicle price bubble going to pop and prices dropping 20%. Here are my thoughts, please tell me what you think:
A 23 base Crosstrek with manual trans is $25k even. A 20% drop would be $5k. I just don't foresee Subaru dropping the price of a 24 down to $20k. Tesla and Elon are unique, IMHO.
As for used prices, it's supply and demand, right? For used prices to drop dramatically, either supply would have to increase a lot or demand would have to drop a lot. Does anyone see either of those scenarios happening anytime soon?
Like someone mentioned, if we had crystal balls and could predict what tomorrow holds, we would be rich and would not have to worry about such things as this.
Thanks again everyone, good, thoughtful discussion!