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Interesting argument. Isn't the product being "flipped" the loans, and not the autos themselves?
by corvallis 9y ago
Interesting argument. Isn't the product being "flipped" the loans, and not the autos themselves?
- notfromhere 9y agoYes, but I can see the argument where its harder to loan out the same vehicle multiple times for ever-higher valuations given that autos depreciate pretty rapidly.