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If prices are increasing faster than the maintenance that is needed :) Hoarding used cars for a slightly long time will have them deteriorate somewhat. Some wi
by mpol 5y ago
If prices are increasing faster than the maintenance that is needed :)
Hoarding used cars for a slightly long time will have them deteriorate somewhat. Some will have small issues, some might have bigger. Theoretical value might be higher, but when selling time comes the practical value might be a disappointment. Getting them ready for sale will have costs.
Car dealers just go for fast profit, like they always did.
- rossdavidh 5y agoAll true, but I feel compelled to point out that houses need maintenance as well. But, as a percentage of the price, probably not as much.