Is now a good time to buy a car? Don’t buy a used car or truck this year. Seriously. Used car prices have reached record highs in 2021 due to the mess of a year that was 2020. In this video I’ll cover three reasons why used car prices will stay high in 2021.
0:00 Used Car Prices 2021
0:11 2021 vs 2020 Used Truck Prices
0:40 Car Price Changes for Each Vehicle Segment
0:53 Less Car for More Money
1:18 Car Repossession at Record Low
2:15 Rental Car Demand Trends
3:30 New Car Price Trends
4:41 New Car Buyers vs Used Car Buyers