academic or financial institution quality research using historical data is preferred.
The underlying question is, if I am certain that we are in a recession and it is still getting worse, is the rational decision to wait to buy a car?
academic or financial institution quality research using historical data is preferred.
The underlying question is, if I am certain that we are in a recession and it is still getting worse, is the rational decision to wait to buy a car?
RSS feed for comments on this post. TrackBack URL
September 4th, 2009 at 3:22 am
You might see bigger incentives on new cars, but the prices themselves will remain stable barring an absolute depression. Used car prices may tumble for a bit on some types of cars, but it can also have the reverse effect on the more popular models.
September 4th, 2009 at 3:22 am
No, a recession will affect car prices minimally.
September 4th, 2009 at 3:22 am
used prices will be stable, if not higher. because of the thought of cheaper purchase price and compunded interest compared to a new one.