May 9, 2023

The Car Market Is Crashing!

The Car Market Is Crashing!

Welcome to this episode of "The Auto Authorities Podcast" with host Jay Grosman, where we bring you the latest updates from the new and used car market. In today's episode, we will discuss how some new cars are hard to get while many others are sitting on lots. Additionally, the used car market is crashing, and there are tons of repos flooding the market, making it harder to get a good deal.

We will also talk about recession-proof cars, exploring which models are in demand and why they are holding their value. Furthermore, we will delve into the reasons behind the collapsing banks and how the Fed's decision to raise the Fed funds rate will affect the auto industry and, in turn, you as a consumer.

Stay tuned to "The Auto Authorities Podcast" as Jay Grosman provides expert analysis and insider knowledge to keep you up to date on the latest trends and developments in the auto industry. Whether you're a car enthusiast or just looking for valuable insights, we have got you covered!