Are we moving into a buyers market going forward? Rates will definitely go down with the fed bringing them now to near zero.
Also nobody wants to leave their house except to shop essentials, so forget going to the dealership. Will dealers get deperate to move inventory and offer more deals than before? Will the manufacturers increase incentives and lower rates to stimulate sales?
Will a new car deal be more favorable than used?
I will pay off my car next month, it’s tempting. However with the threat of recession looming the last thing I want is to lose a reliable paid off car and get a new car loan.
What is your opinion on all of this Oppo?