Second hand car prices falling?

[pennypincher]

I've read a lot recently about the amount of new cars being purchased and that April/May will also show a further increase and I'm wondering if the price of second hand cars will dip like in year 2000?So far I don't see any evidence but it makes sense if there's a lot of second hand cars out there that they will drop prices to shift them?Anyone see any price drops so far?

 

[RS2K]

Nope. Could happen though, much like the housing market. Possible oversupply in both cases.

 

[woods]

You must allow for our increase in population absorbing the surplus