There's a ton of warehouse used cars and trucks, but companies are throttling supply to keep the price high. So many people would be so upside down on their used car loans that they'd just abandon the debt and used car sellers would be left with the bad paper. Like the housing disaster in 2008.
Ah well perhaps it's time to let go.
Personally I'd welcome an influx of used cars and trucks so as to lower to purchase cost.
There's a ton of warehouse used cars and trucks, but companies are throttling supply to keep the price high. So many people would be so upside down on their used car loans that they'd just abandon the debt and used car sellers would be left with the bad paper. Like the housing disaster in 2008.