used car prices

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement May 23, 2022 by Brad Gerstner · across every show →

Everything said about used car prices, oldest first

May 23, 2022 bearish
Prediction Held up
Gerstner: Used car prices will be lower by May 2023
“For two months in a row, we've had sequential declines. You tell me, is the price of the used car this time next year higher than 29 or lower than 29? It's going to be lower because we're destroying demand by raising interest rates.”
Brad Gerstner May 23, 2022 ▶ 8:06 E81: All-In Summit: Bill Gurley & Brad Gerstner on markets, downturns & investment cycles
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