The Car Market Crash Has Already Begun And It Will Trigger A 50% Price Wipe Out This Fall

Did you know that some new car models have already seen prices collapse by 42% this year¿ That’s what a recent Forbes report has exposed. What we’re seeing right now in the auto market is the classic narrative of an asset class that went up in price too fast, resulting in a massive bubble. However, even as work stoppages disrupt production at some car plants, dealerships still have an oversupply of vehicles, and demand is simply not there anymore. That’s why they’re cutting prices faster than at any other period in the past ten years. New cars, used cars, and…