Sponsor: http://www.FlightsLux.com and http://www.TheTravelersAgency.com Follow Me On Instagram and Social Media: https://lnk.bio/simonkatz . The Used Car Market has been insane lately with used car prices with 50k miles on vehicles asking for more than the MSRP of the car at the time of sale 3 years prior. The Used Car Market Bubble is not going away, but prices has certainly slowed down a bit. With companies like CarMax and Carvana buying a lot of inventory and maybe even over purchasing we are seeing pricing slow down. The Used Car Market Bubble clearly shows that inflation is a factor in the overall price of the market. However, what really led to the peaks of the Used Card Prices is the fact that supply on new cars is very low. In fact, it is so low, that people are buying a used car just to have something. With supply chains finally opening up and meeting output levels pre closure, the Used Car Market Bubble will burst and the prices are estimated to come down by 30% or more according to KPMG. The Used Car Market Prices have risen by over 40% as a result of supply and demand in the auto industry, but that is not realistic to maintain. People understand that you cannot have Used Car Prices higher than MSRP values at the time of sale. In this video, we go over the Used Car Market Bubble and see if the USED car prices are going to fall, stay the same, or go higher. COMMENT BELOW AND SHARE YOUR THOUGHTS - ALL OPINIONS WELCOMED! --------------------------- Check out my other car videos: Car Videos: https://www.youtube.com/playlist?list=PLgs10mtmyfsQf64VIt-bVUii_jcRZ8NHb Real Estate Videos: https://youtube.com/playlist?list=PLgs10mtmyfsQhV8EInjc9hSM0yMA5vjZX Credit Card Videos: https://youtube.com/playlist?list=PLgs10mtmyfsT3BXYIeCl-PGJYfNQNffBD Entrepreneur Videos: https://youtube.com/playlist?list=PLgs10mtmyfsT7KURasFpX4Kox1mMuyASq Millionaire Advice Videos: https://www.youtube.com/playlist?list=PLgs10mtmyfsSL84xWSDsLPNASf2OaxQQu --------------------------- #investing #entrepreneur #finance - - #AD LINK TO PRODUCTS USED FILMING THIS VIDEO - https://www.amazon.com/s?k=youtube+starter+kit+mirrorless&rh=p_85%253A2470955011&dc&crid=2PVWCGBGQ2PPW&qid=1697562147&rnid=2470954011&sprefix=youtube+starter+kit+mirrorles%252Caps%252C162&ref=sr_nr_p_ru_0&ds=v1%253AH1uaykOy7Tawrqc8Krn46NOJLr3zifU0SZG34S7L%252BKE&_encoding=UTF8&tag=idealmedia03-20&linkCode=ur2&linkId=f469bf83c9a31affadc111a40a34d3d0&camp=1789&creative=9325 --------------------------- *Disclaimer: Some of the links and other products that appear in this video are from companies from which Ideal Visibility Inc / Ideal Media Inc will earn an affiliate commission or referral bonus. Ideal Visibility Inc / Ideal Media Inc is part of an affiliate network and receives compensation for sending traffic to partner sites. As an Amazon Associate, I earn from qualifying purchases. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. The message in this video is to be taken for entertainment purposes ONLY. If you need advice, please contact qualified and licensed professionals, including Certified Public Accountants, attorneys, insurance agents, real estate agents, financial advisors, or appropriate licensed professionals for the subject you would like help with. These videos are strictly for entertainment purposes. Neither Simon Katz nor Ideal Visibility Inc / Ideal Media Inc are qualified or licensed in any profession and the content should NOT be taken as advice on investments, personal or business choices or decisions. This video is made for strictly entertainment purposes.