The car market bubble may be collapsing and prices are going to crash.
Video: The Car Market Bubble Is Collapsing
Channel: Andrei Jikh
Synopsis:
The car market has been on fire, with rising prices during 2021 and 2022, due to supply shortages and increased demand. The increased demand has been fueled by stimulus checks and government aids. Consumer credit has also contributed to the price surges. But now everything is changing with payment defaults and car repossessions.