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Stl-986 · 04-10-2022, 09:59 PM

Welcome to supply & demand.

In all seriousness I dont expect prices for new or used cars will drop for at least 2 years, most likely 3. SUV's will once again be on the decline in demand due to gas prices...which will stay high at least through summer and most likely till winter.

Just watch what happens on the commodity market with Lithium. within the next 2 years you will see the price double I bet and supply start to slow. Demand will do nothing but go up but since majority of Lithium is in China they will eventually slow down the exports to raise the price. Demand for electric/hybrid cars will do nothing but go up and when demand outpaces supply even more gas cars will start to get swallowed up as well, which in turn will raise those prices. Eventually the bubble will burst, but it is going to a few years (if ever) things return to "normal"

04-10-2022, 09:59 PM	#6
Stl-986 Registered User Join Date: May 2017 Posts: 1,180	Welcome to supply & demand. In all seriousness I dont expect prices for new or used cars will drop for at least 2 years, most likely 3. SUV's will once again be on the decline in demand due to gas prices...which will stay high at least through summer and most likely till winter. Just watch what happens on the commodity market with Lithium. within the next 2 years you will see the price double I bet and supply start to slow. Demand will do nothing but go up but since majority of Lithium is in China they will eventually slow down the exports to raise the price. Demand for electric/hybrid cars will do nothing but go up and when demand outpaces supply even more gas cars will start to get swallowed up as well, which in turn will raise those prices. Eventually the bubble will burst, but it is going to a few years (if ever) things return to "normal" __________________ 2000 Boxster Tiptronic 2003 Boxster 2003 996 C2 Cab 2002 996 (SOLD) 1986 944 (gone but missed)