I examined quite a few listings out of curiosity. On bring a trailer. Seemed to be a lot of car dealers and flippers. Not all of course. Yet a much higher percentage than one should expect.

At the same time extreme caution is advised. There will be a lot of buyers getting far less than what they thought. On this site. I for example found a car that I might have been interested in.

All of a sudden the bidding took a quantum leap. No additional bidding took place before that other than an opening bid. Now the car is delisted. Perhaps the vendor took the higher bid if it was not a shill one. Or after he upped the bid there appeared to be no further interest. So he pulled the listing. Who knows?

What do people expect in this current used car market? Prices have fallen way down except for some car dealers that probably correctly think. There are still people unaware of this. Certainly I will pay a premium above the current true much lower current market prices for a vehicle. The premium has to be based on realities at the same time. Plus the car has to be critically examined first.

Many fairly decent cars used cars are sitting in dealer inventories for well over 100 days here. Eventually being dumped for little at the car auctions. Even prices there seen to be falling as supply exceeds demand except for one or two brands.

There was a rumor that some if not many new car dealers may be closing down some time back. Unless something changes quickly I expect this could happen. The new depreciation rates on cars has become a real issue on leasing them. Plus financial firms that hold the paper on the ones that are sold. Must be getting some concerns.