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Attention car shoppers: New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book.
As of March, U.S. car dealerships had ~1.89 million new vehicles in their inventories, approaching levels seen before the COVID-19 pandemic. With the increase in inventory, dealers have started offering discounts to attract buyers
unusualwhales.com/news/in-marc

@RealSeanBrodrick

And yet, my bought used 2004 Honda CR-V still has less than 200K miles on it.

It's never gonna die and let me get a new car. Good thing I love it, LOL!

@Cosmichomicide @RealSeanBrodrick yeah, i have a 2009 Honda Odyssey (Oddity) that I bought back when we actually needed a minivan but since my wife and I both commuted on public for years, it still has under 80k. Some simple repairs with a trusted mechanic mean that we'll probably have this car for a very long time

@GlennS @RealSeanBrodrick

Same - public transit, followed by remote work, followed by covid means very few miles on her.

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