Is there a car market bubble

[Tooleman694]

One of the reasons I ordered my Tesla was because the used value on my car has gone up thru the roof. Figured id capitalize on that and put that equity into the Tesla. But I have to wait for my Tesla. It would really suck if the used car market crashed before my Tesla is ready.

 

[glide]

Yes there is. No one knows when it will burst.

 

[OrthoSurg]

Supply/demand has always brought us some bubble. I guess that’s how the capitalist system works

 

[Tooleman694]

Hopefully this bubble sticks around a while.

 

[Radish11]

Yep definitely a bubble

 

[tengtengvn]

Absolutely. I had an extra car that I wanted to sale last year but didn't. This year, with a lot more mileage and being a year older, I sold it to Carvana for 7k more than last year. They even paid above KBB and picked it up from my house. I sold the car without leaving my driveway.
That won't happen again in my lifetime. lol