The majority of the rate hikes are over with smaller adjustments possible, from what I’ve heard. I’m not an economist so take it with a grain of salt.It will be interesting to see what happens in the next year or so. Fed is raising interest rates considerably to slow down the economy. That will slow down car buying, both new and used. It will be interesting to see what happens to used car prices after all the interest hikes have been implemented. From what I understand there are at least a couple more planned.
But everything was more expensive to buy then too. The only scenario that truly worked out for people is if they could sell their car and go without a replacement until the market softens.My gf’s car was worth 14.5K in May, currently best offer is 11.9K. Wish we sold then…
Nothing is going back to pre-pandemic pricing… not even mac n cheese. Even Msrp’s have went up quit a bit since you bought the GTI. For a same or even lesser equipment model at that.No, no it's not. That's a horrible example. Pre-pandemic, I paid $18k from a dealer for my GTI, which was a 3 year old SE with 32k miles. A 5 year old Sport with 90k miles for $17k is a horrible price still.
Nothing is going back to pre-pandemic pricing… not even mac n cheese. Even Msrp’s have went up quit a bit since you bought the GTI. For a same or even lesser equipment model at that.