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Forbes: 11 Best Bargains in Three Year Old Used Cars

Posted: Thu Sep 07, 2017 8:20 am
by Bob

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Posted: Thu Sep 07, 2017 9:09 am
by kevm14
Not sure about the wording.
With car dealers’ lots being flooded with a tsunami of off-lease vehicles returning to the market following the big post-recession new-car sales surge, used car shoppers are finding some sweet deals being offered on three-year-old like-new models.
Here's my modification:
With car dealers’ lots being flooded with a tsunami of used vehicles returning to the market following the big Harvey storm surge, used car shoppers are finding some sweet deals being offered on three-year-old like-new models, which are almost done drying out.

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Posted: Thu Sep 07, 2017 9:12 am
by kevm14
I looked at the list.

Other than high depreciation I actually see no relationship or similarities between these cars. I'm actually not sure what to make of it. You have Japan, US and Europe. You have economy, midsize and luxury. What's the trend? Time since last redesign or something? Are people that shallow and unsophisticated that the biggest driver is how "new" the car looks?

Or perhaps it is supply and demand. The leases on these cars were flying off the lots back in 2014 and the new car sales of these models is relatively less by comparison to the rest of the market? Reaching for an answer...

One other option. They are ALL sedans, which are decreasing in popularity.

Re: Forbes: 11 Best Bargains in Three Year Old Used Cars

Posted: Thu Sep 07, 2017 10:01 am
by Bob
Sedans are where it's at if you want a good value in the used market. This was one of my takeaways from my last used car search where my wife's friend bought a Camry XLE.