The Used Car Market Is In a BUBBLE & It Might Have Just BURST | Episode 933
About this episode
The episode dives into the current state of the used car market, exploring whether it is in a bubble that has just burst. Hosts Ray and Zach discuss CarMax's recent struggles, indicating a potential shift from a seller's market to a buyer's market. They analyze data showing declining wholesale prices and the impact of rising living costs on consumers' ability to afford vehicles. The conversation also touches on the new car market, highlighting significant unsold inventory and the potential for buyers to negotiate better deals. Insights into EV sales and market dynamics provide a comprehensive overview of the automotive landscape.
Jeep Grand
"...marked up like crazy you know the depreciation on Jeep grand wagon here it doesn't matter if it's three years ..."
Ford F150
"article my god technology you know if I only understood it all right let's forget the data here we go pops the 10 cars and trucks with the most unsolved 2024 inventory drumroll please we've got the Ford F-150 there are over 2,853 2024 Ford F-150s still out there on the market today if about to come around the bend when those 2026s start filling up your lot all right the Ford escape dad coming in at the number 2 spot"
Ford Escape
"...026s start filling up your lot all right the Ford escape dad coming in at the number 2 spot over 2,024 For..."
Ford Bronco
"...mning if you're a Ford dealer you've got the Ford Bronco Ford or nearly 2,000 of them that are 2024 model ..."
Ford Bronco Sport
"...uty nearly 2,000 of them 2024 model year the Ford Bronco sport with 1672 2024 Ford Bronco sports there you go I ..."
Dodge Hornet
"...ally not a good situation then you have the Dodge Hornet one of the slowest selling cars in America there ..."
Chevrolet Silverado
"...s Chevrolet getting in on the action dad with the Silverado 1400 Silverado 2500s that are the 2024 model year..."
Ford Ranger
"...that are 2024s and yet another Ford dead the Ford Ranger has over a thousand 24s out there and the only th..."
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