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When Will New & Used Car Prices Come Down In 2023? | CarDealershipGuy
A car market insider sees better deals ahead for new cars, but likely not for used cars....
The country experienced a car market bubble after COVID hit -- propelled by inventory shortages from disrupted supply chains & the unprecedented stimulus sent to businesses & households.
Now here in 2023, folks are beginning to wonder if we're in for a car market crash. Used car prices which nearly doubled post-COVID, fell throughout all of last year -- though they've started turning up again in recent months.
Also, lax lending standards in extending auto loans during the recent boom are coming back to…
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