00:00 - OPEN: Used Car Price Predictions and Automotive Bucket List Items for 2023

Today we are going to cover three main items on the podcast:

• Where used car prices are going to go in 2023.
• How to maximize what you might pay for your next used car
• Items you should cross off your automotive bucket list in 2023.

00:45 - USED CAR PRICES AND WHERE THEY ARE GOING

• Inflation and high prices for new and late-model used vehicles will persist in 2023
• Prices for driver-quality used cars should flatten out and eventually start trending down later in 2023 and into 2024
• Sellers of used driver-quality cars will try sell their cars for more money earlier in the year until they realize prices are dropping
• If you are selling a car in 2023, you will have to work harder at marketing your vehicle to get the highest sale price

03:30 - HOW TO GET THE MOST USED VEHICLE FOR THE MONEY IN 2023

• Review the 5 Essential Rules to Find a Cool Used Car (episode 2)
• Three of the five rules are most important
• 1. Know what you want, 2. Be patient and 3. Be ready to buy
• Great used car deals can be found in late winter and early spring
• This is when people begin posting their used vehicles for sale
• Your advantage this time of year is less competition, because many buyers don't begin searching until late spring/early summer
• If you are selling you will need to work harder to get your price
• To market your used vehicle most effectively, post clear, in-focus images that show everything, including imperfections
• This prequalifies & weeds out people who don't want your vehicle
• If you can't get your price, wait until late spring/early summer to sell

11:30 - EIGHT ITEMS YOU SHOULD CROSS OFF YOUR BUCKET LIST IN 2023

• Hit the Road! Go on several epic drives in 2023
• Family Vacation! Take an Interstate road trip with the family
• Learn to drive a manual transmission car if you can't
• Teach someone to drive a manual transmission car
• Buy a manual transmission car if you don't have one
• Buy a sports car if you have never had one
• Buy a vehicle that can take you on epic adventures
• Buy that convertible you have always wanted - how many summers do you think have left to enjoy driving one?

24:15 - CLOSE

Thanks for listening and please subscribe to this podcast. Also, be sure to catch the next episode, which includes my first used car recommendation for 2023.