I hear you... We're in the new normal relatively speaking. Inflation is totally insane during the last few years or since COVID first started. Fed's recent action is historic and yet, the inflation is still heading upward. The Fed's 2% target rate is totally misleading because it is based on 12 month rolling average, especially with the rate trending up for the last few years.
IMO, it need to go negative for a long duration to restore some of the price increases, and yes, it is going to happen.
My neighbor just picked up an Corolla GR for $15k over msrp, and he was jumping for joy. He said he got offer to sell it for $25K over. It is transaction like this that will keep car prices extremely high for a very long time.
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Originally Posted by vtec to vvel
In a "normal" market, your comment on mark-up's would be somewhat valid. In the current market (post-COVID, Feds raising rates, Feds fighting inflation, supply chain issues, production issues, etc.), there is still limited supply and the demand is still a bit higher than the amount of inventory that is available.
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