How much should car prices have fallen now that the economy has tanked? ?
I'm looking to buy a Honda Accord or a Toyota Camry. I know that car dealership sales have tanked (I met someone that said they're selling 85% less than before). I feel like a car that I would have bought for $18,000 before, I should be paying $13,000 for now. But, I haven't seen it in prices. Am I looking in the wrong place? Why haven't car prices fallen?
Public Comments
- They're not falling anymore because they've hit rock bottom, dude.
- Just because you feel prices should be at a certain level does not mean they will get there. Prices of vehicles are already tanked. Dealers haven't gotten to the point where they are willing to sell them at a loss and I doubt they will.
- You can beg for $13K cars all you want. If that car costs $15K to bring off the assembly line to a dealer lot, you aren't getting one for $13K. Period.
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