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This article mentions that people we're buying new Teslas, and quickly selling them used for a profit. Which works if deliveries are slow: https://www.reuters.
by Tempest1981 4y ago
This article mentions that people we're buying new Teslas, and quickly selling them used for a profit. Which works if deliveries are slow:
https://www.reuters.com/business/autos-transportation/tesla-used-car-price-bubble-pops-weighs-new-car-demand-2022-12-27/ https://www.reuters.com/business/autos-transportation/tesla-...
> Nearly a third of used Teslas for sale in August were 2022 models up for resale, a sign that original buyers were aiming to flip, analysts said. That compares with about 5% of other brands on the used market, research firm Edmunds said.
I guess this doesn't impact overall demand, but does push up prices. And feeds the frenzy.