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Reply to "No Deals on Used Cars in the DC area Despite Trump’s Federal Job Cuts in DC "
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[quote=Anonymous]We’ve been shopping for a used car in the $40K–$50K range over the past month, expecting some deals given all the talk of Trump’s federal workforce cuts and economic uncertainty in DC. But surprisingly, dealers aren’t budging on prices for used BMWs, Audis, or Volvos—no discounts, no negotiation. Even with high interest rates and supposed job fears, used car prices seem unaffected. In fact, someone even bought one of the used BMWs we were looking at for full sticker price before we could act. At the same time, I haven’t noticed a surge in used car listings from private sellers on Autotrader or Facebook Marketplace. Maybe cars in this $40K–$50K range are just holding steady, or maybe wealthier buyers are trying to lower their costs by shopping in this price bracket instead of buying new. Are others seeing the same? Is the fear overblown, or is the used car market just immune to it?[/quote]
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