ilmscore | IT STARTED: The Car Market Is Collapsing

IT STARTED: The Car Market Is Collapsing

Published: 2023-12-22
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
Predicted that automakers would start to lower the overall price of their vehicles, following Tesla's strategy.
"I think that they're going to to go uh the Tesla route and they're actually going to start dropping the overall price of their vehicles"
Car Prices (Automakers)
Pending
Predicted that car loan interest rates would improve by late 2024, making it possible to refinance at better rates.
"in about a year from now you could refinance it and get better interest"
Car Loan Interest Rates
Pending
Predicted that car insurance rates would decrease by 2024 as 2023 pricing is factored into the insurance cycle.
"hopefully by next year 2023 pricing will be priced into it in this way it'll bring our insurance down"
Car Insurance Rates
Pending
Predicted that the market trend of cars being sold under the Manufacturer's Suggested Retail Price (MSRP) would continue into 2024.
"I think it's just going to continue this trend coming into 2024"
Car Market (Pricing)
Pending