November 25, 200817 yr Would used cars tend to be cheaper early in the new year for the following reasons? 1) The same used car is now psychologically "1 year older"? (i.e. A 2001 corolla jumps from 7 years old to 8 years old) 2) The car companies launch new models with new body, thereby making a used car look even more out of style than before. Any thoughts or opinions on this? I want to buy a used car soon, wondering if it's worth waiting till end of the year. Nothing urgent, but I'd like to buy one anyway.
November 25, 200817 yr Here in Thailand they might go UP in price due to the garage having it in stock longer. No i dont think prices change that much. its not like the UK where they register the vehicles at one time. Allan
November 25, 200817 yr also thailand don't roll out new designs every year as they do in the states... they tend to update a model every few years at best!
November 25, 200817 yr If there are a lot of people losing thier jobs there will be a lot of repossesion etc which will mean more used cars on the market and less potential buyers.
November 25, 200817 yr Secondhand car prices are usually higher than you expect, but it also means the resale value is higher when you sell. Garyh is right about repossessions. My wife's family have a garage business up north and buy their cars at auction. Bargains to be had, just check the car carefully before you bid.
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