ilmscore | Prediction Details
"Now deflation is something we're already starting to see... you could see major deflation in these two particular categories coming very soon very soon when when I see what I see in those dealerships woo that's a whole the days of uh you know these dealerships marking up Vehicles an extra 10 20 30 40 $50,000 those days are long gone now and uh things are about to get real real for the dealerships okay so yeah you know I will say this if you've been looking to buy a vehicle and you're sick of the the games of dealerships play and sick of being not in a position of power wait to the back half of this year and I'm telling you you're going to be in a huge position of power because these dealerships are about to start getting desperate with this ridiculous amounts inventory... and then they're going to have to start discounting and they're start they're going to start being desperate to move product because they can't they can't just have their their their Lots filled up with that like you can't do that you got to move inventory and so next thing you have to do to start you're going to have to start giving into your customers and you have to set you know next thing you know negotiation is going to be in your your your power right"
By Financial Education | April 15, 2024 | Pending
From video
I Sold This Stock… 00:12:53 - 00:14:15
Interpreted Prediction
Major deflation in new and used vehicle prices predicted to occur very soon, enabling consumers to be in a strong negotiating position in the second half of 2024 due to dealerships' excess inventory.

Prediction Details

Topic
Automotive Market

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