Car prices to plummet amid oversupply

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Financial analysts are calling this a simple story of supply and demand, predicting that an oversupply of new vehicles will lead to a price war that pushes those high MSRP’s way down

If you’ve been in the market for a new or used car, you know that prices have been red hot, higher than we’ve ever seen before.

What we’re seeing right now, according to analysts, is a downward trend. Very similar to real estate.

 

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