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Old 12-22-2021, 08:44 PM   #17
VarmintCong
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Member#: 379605
Join Date: Jan 2014
Location: Peabody, MA
Vehicle:
2017 Civic Sport
2012 Outback 2.5

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Quote:
Originally Posted by carsebuco View Post
Wait what?

You think used car prices increased because people received a $600 stimulus check?

Just lol

Can't wait til this crashes, and it'll crash hard. People asking if they should pay $5k MSRP on a 2018 WRX with 60k miles is just lol
The $600 (and $1200 and $1400) checks were like 10% of the stimulus. There was also a freeze on rent payments, freeze on student loan payments (the latter is still active), thousands in child care payments, plus the trillions in stimulus that went into the stock market, bitcoin, real estate etc.

It'll crash hard if the stimulus ends. Biden just announced an extension of the student loan moratorium to May, so we'll see.
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