Quote:
Originally Posted by b0son
Big slump. Used car prices also continue their decline.
The bubble has burst.
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Actually not the case.
biggest issue with new cars atm is PORT issues.
My dealer sold 40 new Fords in April and has 160 sitting either at the port of Brisbane or on a Boat just off the coast.
Toyota is the same.... Quarantine issues with seeds and bugs.
01/07/2023 should see sales drop off once full expensing of assets wraps up, alot of people who have cars on order who don't get them by 30/06/23 will likely cancel them.