So what about Used Car Prices now the Lockdown is over?
So what about Used Car Prices now the Lockdown is over?
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Discussion

M4cruiser

Original Poster:

5,119 posts

179 months

Sunday 31st May 2020
quotequote all
Would be interested in any genuine examples of deals. My gut feel is that there must be thousands of unsold cars (the market being fed from the top by the unsold brand new ones). Therefore it must be a buyers market.

Looking at AutoTrader though, the prices (and the cars available) haven't changed for 2 months. ...
confused

deeen

6,389 posts

274 months

Sunday 31st May 2020
quotequote all
M4cruiser said:
Would be interested in any genuine examples of deals. My gut feel is that there must be thousands of unsold cars (the market being fed from the top by the unsold brand new ones). Therefore it must be a buyers market.

Looking at AutoTrader though, the prices (and the cars available) haven't changed for 2 months. ...
confused
My guess is, give it another month. I think dealers are still hoping for a bit of pent up demand from the lockdown period, plus a bit of demand from people who don't want to use public transport. I think once that initial buzz (if any) has subsided, the reality of 8 million unemployed (or whatever it settles at) will sink in, and the market will fall from that point on.

ZX10R NIN

30,515 posts

154 months

Sunday 31st May 2020
quotequote all
What you're forgetting is that production stopped & in a lot of cases hasn't fully started up so Manufacturer's aren't as top heavy as people think & they're not going planning on producing so many new cars post Covid either so while there will be deals I don't think the prices will change much.


Butter Face

34,673 posts

189 months

Sunday 31st May 2020
quotequote all
Hugggggeeeeee thread already running on this.

https://www.pistonheads.com/gassing/topic.asp?h=0&...