Originally Posted by SubieRubyRoo
The 30-40% screwup in used car prices was all driven by the "cash for clunkers" fiasco of the 2009 bailout BS. Even though there never was a shortage of used cars, the return to normal for used car prices still has not happened. To me, it's flat out ludicrous for any domestic used vehicle that's not a 3/4+ ton truck to cost more than 10k after it's 5 years old. It's also insane that you can even buy a half-ton that will clear $70k.
Agreed, but people are paying it and those trucks are selling quite well, so they will keep charging that price.