Tilted Forum Project Discussion Community - View Single Post

Baraka_Guru · 01-26-2010, 07:55 AM

You're making the assumption that the prices for used cars would have remained static or would have not climbed by that $700 value in your example over the same period. Would this be realistic in this environment where, you know, people would be more reluctant to sell their cars into the used market and opt instead to hang onto their vehicles indefinitely? That puts a chokehold on the supply in the used car market.

I wouldn't call the CARS program a rousing success, but I wouldn't call it a failure either.

01-26-2010, 07:55 AM	#91 (permalink)
Baraka_Guru warrior bodhisattva Super Moderator Location: East-central Canada	You're making the assumption that the prices for used cars would have remained static or would have not climbed by that $700 value in your example over the same period. Would this be realistic in this environment where, you know, people would be more reluctant to sell their cars into the used market and opt instead to hang onto their vehicles indefinitely? That puts a chokehold on the supply in the used car market. I wouldn't call the CARS program a rousing success, but I wouldn't call it a failure either. __________________ Knowing that death is certain and that the time of death is uncertain, what's the most important thing? —Bhikkhuni Pema Chödrön Humankind cannot bear very much reality. —From "Burnt Norton," Four Quartets (1936), T. S. Eliot