Cars are way down already, and availability is up. There's actually a chip glut right now. Equipment prices are crashing as well -- less houses being built, lots of contractors selling off excess skid steers, backhoes, excavators, etc. They have seen busts before and want to stay ahead of the curve.
Not sure it will be a crash, there's not that much new out there yet, and there's still a back log of demand from two years of very limited new production. Same with housing. Yes, sales are dropping, but prices aren't in most places. Still a lot of demand, but very few people are willing to sell a house with a 2-1/2% interest rate to move into a 7% interest rate, and new construction is slowing way down.
