- First Name
- Mitch
- Joined
- Mar 11, 2021
- Threads
- 26
- Messages
- 2,310
- Reaction score
- 4,013
- Location
- Cape Cod, MA, formerly Flagstaff, AZ
- Vehicle(s)
- 2021 2 Door Badlands manual, 2021 Tacoma TRD OR
- Your Bronco Model
- Badlands
Most economic indicators are pointing towards significant correction/recession. Unless I needed a vehicle immediately I’d sit it out for a year or so. I’m looking for a house and possibly a larger boat, both things that are impacted by current economic conditions like higher interest rates and high gas prices. I’m expecting boat prices to drop when people see the $6-8 per gallon at the marina this summer. On the good side I sold my AZ house in April right before the interest rates really spiked and houses began to sit, and I just got a vin for my Ford Lightning electric truck to combat gas prices on my daily driver.Driving by car dealers recently and they are starting to get cars on the lot, give it a few months and bronco prices will tank as everyone that can’t afford the payment and the gas decide to sell at a loss(sucks that they over paid to begin with) truck prices were high last time gas was cheap then as soon as it started hitting $5 a gallon people started selling, it will lag a few months but somehow there are a lot of people in this world that can afford a truck or expensive gas and not both, gas goes up and down and the price of big vehicle lags in opposite directions.
Sponsored