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Used cars for $500.

Analysts have warned of ramifications for the broader auto i...
:D
  05/23/20
There were 40 million used car sales in 2019 and 17 million ...
~~(> ' ' )>
  05/23/20
Cash For Clunkers is widely viewed as having disrupted the u...
From a Bloomington Bathhouse on the Hill
  05/23/20
I would guess the far bottom of the market (clunker territor...
~~(> ' ' )>
  05/24/20
That's just where C4C made sense for the participants of it,...
From a Bloomington Bathhouse on the Hill
  05/24/20
Used cars have a much higher profit margin for dealers than ...
morch ponkey
  05/24/20
Won’t dealers swoop in and buy most of the good invent...
How to derive aut from ism
  05/24/20
our overlords grind their teeth at night at the thought of a...
BOOMER LIVES MATTER (BLM)
  05/24/20
https://www.cnbc.com/2020/05/29/hertz-bankruptcy-distressed-...
:D
  05/29/20
there's always a new link, but when you look at car prices t...
Evangelical
  05/29/20


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Date: May 23rd, 2020 1:19 AM
Author: :D (classical education at home -- Bauer. 2000 IU/day d3.)

Analysts have warned of ramifications for the broader auto industry from a Hertz bankruptcy. The company has a fleet of about 400,000 cars in the U.S. that are not subject to repurchase agreements with vehicle manufacturers and could be liquidated, Michael Ward, an analyst at Benchmark Co., wrote in a report last week.

“The risk for the auto sector occurs if the creditors of the debt that is secured by the vehicles decides to liquidate the fleet to repay the bonds,” Ward wrote on May 14. The impact those sales may have on used-car prices could be minimized by the sale of those vehicles taking place over the course of several months, he said.

https://www.bloomberg.com/news/articles/2020-05-23/hertz-files-for-bankruptcy-after-rental-car-demand-vanishes

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40260570)



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Date: May 23rd, 2020 1:26 AM
Author: ~~(> ' ' )>

There were 40 million used car sales in 2019 and 17 million new car sales.

400,000 used cars that would have hit the market fairly soon anyway doesn't really strike me as a big deal.

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40260596)



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Date: May 23rd, 2020 1:38 AM
Author: From a Bloomington Bathhouse on the Hill (πŸ¦… β’»β“Šβ’Έβ“€ β“β’Ύβ’·β“ˆ πŸ¦…)

Cash For Clunkers is widely viewed as having disrupted the used car market for years afterwards. It involved ~680,000 cars

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40260622)



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Date: May 24th, 2020 3:13 AM
Author: ~~(> ' ' )>

I would guess the far bottom of the market (clunker territory) is much smaller than the market for cars 0 to ~3 years old.

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40264975)



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Date: May 24th, 2020 3:49 AM
Author: From a Bloomington Bathhouse on the Hill (πŸ¦… β’»β“Šβ’Έβ“€ β“β’Ύβ’·β“ˆ πŸ¦…)

That's just where C4C made sense for the participants of it, and why it was so shitty as policy.

The people that benefited from C4C were largely just a bunch of people that had second cars that otherwise could have done fine without those cars

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40265035)



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Date: May 24th, 2020 3:17 AM
Author: morch ponkey

Used cars have a much higher profit margin for dealers than new cars

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40264985)



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Date: May 24th, 2020 9:13 AM
Author: How to derive aut from ism

Won’t dealers swoop in and buy most of the good inventory?

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40265325)



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Date: May 24th, 2020 3:18 AM
Author: BOOMER LIVES MATTER (BLM)

our overlords grind their teeth at night at the thought of asset prices dropping

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40264988)



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Date: May 29th, 2020 11:03 AM
Author: :D (2000 IU/day d3. 1 teaspoon/day cumin.)

https://www.cnbc.com/2020/05/29/hertz-bankruptcy-distressed-rental-car-market-hurts-us-automakers.html

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40297610)



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Date: May 29th, 2020 11:04 AM
Author: Evangelical

there's always a new link, but when you look at car prices they havent changed. very strange

(http://www.autoadmit.com/thread.php?thread_id=4540519&forum_id=2#40297619)