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Message: <blockquote data-quote="Traffic22" data-source="post: 1479955" data-attributes="member: 41102">I think you may be correct about this. If we use 2006-2011 as a guide, 2008 was the bottom and it took till 11 or so to get to pre 06 stock market numbers. (Roughly) This was a faster slam to the bottom, and once business is back open, unemployment theoretically should drop faster than back then, but a lot of places are not going to make it out the back end of this, plus the trillions in debt we’ve accumulated in a short time. Seems very plausible this could be a slow two to three year climb back. During the 08 recession, used car market was very strong, new cars not so much. (Multiple auto maker bail outs.) But so hard to gauge with all the auctions closed. Not sure if there is pent up demand because of the lack of inventory moving, or the glut of used cars waiting to be sold will devalue the market. Really hard to tell at this point. Sent from my iPad using Tapatalk</blockquote>