Hellow guys, Welcome to my website, and you are watching The Used Car Market Bubble JUST Popped!. and this vIdeo is uploaded by Aubrey Janik at 2022-02-28T13:00:03-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | The Used Car Market Bubble JUST Popped! |
| Video Uploader | Video From Aubrey Janik |
| Upload Date | This Video Uploaded At 28-02-2022 21:00:03 |
| Video Discription | Let's talk about the current car market 🚗 Learn How I Turned Car Sharing Into a Six-Figure Semi-Passive Revenue Stream: https://www.thecarsharingmasterclass.com/ __________________________________________________________ Check Out My Affiliate Partners (I Make Money From These Links): 📍 The Trackers I Use: https://www.onestepgps.com/?Aubrey-Janik https://www.outdoorsy.com/invite/aubreyj768060/renter 🔧 Tired of Spending Money Fixing Your Car?: https://fixd-automotive.myshopify.com/pages/aubreyjanik? 🎥 Check Out the Gear I Use to Make My Videos, Build My Van & Manage My Turo Fleet: https://amzn.to/3gBbxBE __________________________________________________________ 00:00 - Intro What's up you guys! In today's video, let's break down what the current state of the car market is and why I believe that the used car market bubble has popped! 01:51 - Car Prices Are Depreciating First, let's look at the Car Gurus Car Value Index (Link Below). The Car Gurus Car Value Index is a great tool that gives you a glimpse into the used car market and how used car prices have appreciated or depreciated over time. Over the last year prices have...well....only really appreciated. But, over the last 30-60 days the prices are beginning to turn around, with a number of vehicles in the red. Check out the index here: https://www.cargurus.com/Cars/price-trends/ 06:32 - Car Sales Are Slowing Additionally, used car sales are beginning to slow down as well. If we take a look at a chart with data gathered by the US Census Bureau you will see that used car sales hit an all-time high around this time last year, but ever since then, sales have been declining. Of course, this is in part (and mostly) due to the fact that there have been MAJOR production problems in the used car market, but we've seen even heavier decreases in the last 60 days and I believe this is due to lowering demand, not necessarily poor production. 08:59 - People Are Lowering Their Prices Lastly, but not least let's talk a look at platforms that facilitate the sale of vehicles. If you look at these sites you can see that more and more cars have the "Price Dropped" tag next to their listing, this shows which cars have lowered their price since being listed. Now, the reason why I think this is important is that if cars are flying off the shelf like they were last Summer, prices wouldn't drop - but, because of the fact that cars are NOT flying off the shelf - car prices are dropping. 11:50 - Closing I hope you guys enjoyed this video, make sure to hit the like, subscribe, and the notification bell and I will see you guys in the next video. __________________________________________________________ FOLLOW ME ON INSTAGRAM: https://www.instagram.com/aubrey.janik/ SUBSCRIBE TO MY SECOND CHANNEL: https://www.youtube.com/channel/UCQilCSjZe2dG7Yp-cRg3gTw SUBSCRIBE TO HP’s CHANNEL: https://www.youtube.com/channel/UCAOCSgArDSDrLsal7bo7Awg_ __________________________________________________________ Disclaimer: I am not a CPA, attorney, lender, or financial advisor. The content in these videos should not be construed as tax, legal, or financial advice...etc, and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a YouTube video for entertainment purposes ONLY. IF stocks or companies are mentioned, Aubrey may have an ownership interest in them – Please do not make buying or selling decisions based on Aubrey’s videos. If you need advice, please contact a qualified professional. #SideHustle #Turo #CarMarket |
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