New buyerscould get smashedif there's a correction and they need to sell. However, new buyers today are more creditworthy than buyers of the past. They are more likely to follow my30/30/3 rule for home buyingas well. Therefore, it's very hard to see a cascade of foreclosures like bef...
It doesn't matter how much you sink into a used car in repairs, you will NEVER come close to breaking even with the cost of a new car with a warranty. Worse case scenario, the car is totaled, and you don't have full coverage insurance. ...