At some point these dealers are going to have to face the reality of they paid high prices now they're going to have to let it go for losses because the bottom finally fell out. Anyone thinking the bottom was never going to fall out is just an idiotI was going to say the markets crashing in everyone’s view but the dealers, I’m not really seeing prices affected there just yet. Some of the wholesale is dropping though in certain areas. I absolutely believe a reckoning is coming and as far as I am concerned it’s about fkn time. The dealers have been swimming in cash the last few years so they can keep their tears when the bottom falls out. Big reckoning coming for all the people that recklessly fed the frenzy overpaying for cars they just had to have in the last two years and now they are VERY upside down on (Hello Millennials…time for a good lesson!) This is just the start. Once the dealers finally concede that the market is tanking they won’t want to give shit for a trade in and then the snowball REALLY starts growing. Time to get out the popcorn!