> Personally, I'd be loath to spend a car's worth of money to trade "up" I completely agree. But they are put into a position where the car is completely illi

> Personally, I'd be loath to spend a car's worth of money to trade "up" I completely agree. But they are put into a position where the car is completely illiquid as an asset and also offers no transportation value for an indeterminate amount of time, which limits the owner's ability to plan or pursue a reasonable plan B. If the parts scarcity was expected to last 12 months and the cost of renting a loaner was $200/month, perhaps the owner would turn out to be better off trading it in and taking delivery of a new Tesla. Another way to handle it would be for insurers to bake in the possibility of a year long wait for parts into the price of collision coverage loaner options. If the scenario is rare this insurance would be cheap.