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      04-04-2020, 04:54 PM   #5
fastboatster
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Drives: 2009 bmw 328i
Join Date: May 2019
Location: CA

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Not so sure about the collapse of used car market. A few months later when (hopefully) lockdowns are lifted, a lot of people who used to buy new every so often or get a new lease won't be able to do that. So they might start holding on to what they got or instead of a new car, get a used or CPO car. So what will happen is that the supply of used vehicles will dry up in some segments. I think after 2008 recession used car prices started to hold better because the new cars got out of reach for many people. This time around might turned different, but I don't know
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