For me the most interesting thing is the seeming rush to buy new cars before the tariffs cause significantly increased prices, where the interesting part will be whether new car sales absolutely crash in the next quarter or two.
danans•4h ago
That would just be a demand shift. The bigger risk is whether people who might have otherwise bought a new car keep their current car because of recession and stagflation fears.
BLKNSLVR•3h ago
Yes, what I didn't say clearly enough was: will the 5% uptick in Q1 be followed by a much more than 5% downtrend for Q2 onwards.
We can but wait.
fzzzy•3h ago
Plus the uptick will make the downtick numbers look even worse
recursivecaveat•1h ago
In economics they call them "durable goods". The demand is usually extra reactive to price changes because you can choose when to replace it in a wide band of time.
BLKNSLVR•4h ago
danans•4h ago
BLKNSLVR•3h ago
We can but wait.
fzzzy•3h ago
recursivecaveat•1h ago