The 2023 Auto Loan Apocalypse

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Have you been sitting on the sidelines of the used car market for a few years now, thinking that, hey, at some point there must be a crash and I will be able to pick up a nice new used car at a fantastic price.

If so, then you may be in luck starting 2023. Today, I would like to go over a Twitter thread from the car dealership, guy on Twitter @GuyDealership, and he started to bring awareness to something happening in the used car market.

Banks have changed something, and it might lead to a massive number of defaults, then repossessions, and then tries to resell those cars for a lower price due to the increased supply. Come soon 2023. Let us take a look.

Timecodes
00:00 Retailers Are Stacked on Inventory
02:21 Portfolio Allocation Mastery Course
02:46 Retailers Inventory Levels Higher Than 2019
04:49 Inventory Sales Looking Possible
05:53 Retailers May Start Charging for Returns

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I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.

#AutoLoan #CarGuy #UsedCars