Car market prices have risen above to where they were pre-covid.
Here is a live feed and my commentary on cars being sold live.
Yes, car prices are climing back up and the rumors that they are dropping due to COVID are no loger true.
Yes, between March 15th to April 25th, we did see a big dip.
This is directly related to major buyers like Carvana and CarMax not buying during this period.
Right after April 25th, they both came back very hard to buy….this forced the market up fast!
Dealers are now starting to hold inventory and waiting for pricing to go back up, so the days of getting some low-ball deals is near the end, if not over.
Feel free to watch this video and take note.
If you have any comments or questions, post them below.
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