Used car pricing... what in the world is going on?

mercredi 5 août 2015

I thought this topic would be better suited in the financial forum.


Anyways, i've been shopping for a used car. I don't know what the deal is but, the prices are ridiculously high and these salesman don't seem to care that they've held onto the vehicle for 3 months.

I've been looking at a 2014 car that MSRP's for $20,000. Almost every single dealer has it priced at $17,000-$18,000. Most of the cars i've inquired about have been sitting for 1.5+ months and they're aren't budging more than $200-300.

It would make sense to me if they were moving the inventory in a few days to a week. However, at months and no budge on price??? What is going on here?

I'm honestly curious about this because it has me scratching my head.
Used car pricing... what in the world is going on?

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