jay73

CRMT: Another Nail in Automakers' Coffin?

Judy,

Won't large inventory and downward pricing pressure on the big three affect the topline revenues for the used car market? Won't used car prices fall as auto makers clear inventory on new cars at lower prices? Wont that affect CRMT? Also, wouldn't initial customers buying used cars be facing home mortgage pressure currently? What would you rather lose - home or car?

Interesting point of view though - great reporting and interesting questions especially the thought of timing payments with tax refunds.

Best,
Jay