New Cars piling up.











BigD said:
Another source on car market. There are several but this guy is pretty credible.

youtu.be

The STAGGERING amount of late payments could CRIPPLE the car industry.

#cars #dealership #pastdue #delinquent #repo Here's what's going on with borrowers in the auto industry. All-time high number of late payments could cripple ...
youtu.be youtu.be
Click to expand...
It's an interesting topic I look forward to checking out some of these thanks for posting. My uncle and a good friend of mine sell cars for dealerships on the smaller side I'd say. And my friend has said there's certainly been a tide shifting.

Those guys make so much $ it's unreal. My buddy says they bake in a 4k profit on every car BEFORE getting to negotiating. Which he says they really don't do much of. It's pretty much take it or leave it. I look forward to seeing my uncle for Turkey day and learning how his yr has been.
 


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