3 ms·
> My guess is that it will be like 2008/9. Catastrophe for two-four years, then a boom as there will be a shortage of used cars. The shortage of used cars was
by jdietrich 7y ago
> My guess is that it will be like 2008/9. Catastrophe for two-four years, then a boom as there will be a shortage of used cars.
The shortage of used cars was entirely artificial, thanks to the disastrous cash-for-clunkers program.
https://en.wikipedia.org/wiki/Car_Allowance_Rebate_System https://en.wikipedia.org/wiki/Car_Allowance_Rebate_System