good question. I never thought about that. I do not know. One position could be as you say that people will only be able to buy very old cars, but on the other side, people that now are buying new cars won’t be able to buy new car anymore so demand of used cars will be high. However, I am not sure how will supply be. Maybe all this people that can not pay their mortages will start selling their cars driving supply up therefore driving prices down.
Tricky question. i do not know. Anyone has opinion/thought on this?
