Quote:
Originally Posted by IT
I would add that the last 12 months has been really tough for used car sales. I think the prolonged low interest rates has created a glut of new car buyers pushing more and more tin into the second user space, so its a tough arena even when you're not selling something so niche.
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Very true - and it's only going to get worse when interest rates finally start rising, and the car financing bubble kicks off a second "sub-prime like" credit crisis, when the market will be flooded with many, many more cars. We're doomed, all doomed, Mr Mainwaring....
