ilmscore | Auto Loan Market Predictions
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Auto Loan Market

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Recent Predictions

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Author
Predicted at
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Video
Car prices are unlikely to decrease in the near future because dealers paid more for vehicles than they are currently worth, and they cannot afford to lower prices despite wholesale price drops.
"dealers will not be lowering their car prices anytime soon just because they can't because they paid..."
Andrei Jikh Andrei Jikh
Oct 28, 2022
Pending
Why Dealerships Are ...
A significant portion of cars at auction are not meeting their reserve price ('no sales'). This, combined with increasing repossessions, is creating excess supply, which is expected to reduce demand and potentially lower consumer prices.
"half of the cars run at the auction today are what's called no sales cars that don't hit the reserve..."
Andrei Jikh Andrei Jikh
Oct 28, 2022
Pending
Why Dealerships Are ...