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If car sales are so bad why are prices so crazy? I’ve been putting off buying a new car for two+ years and everything is completely insane or impossible to buy

• red-iron-pine 4y ago
  Materials costs are high. Transport costs were high. Loans and rents that underscore the business are high. And because they can afford to sit on cars for 3-6-12 months; it's not like apples where they'll rot. Eventually they'll have to make space for next year's model but keep the price high and then negotiate.
  • HeyLaughingBoy 4y ago
    > And because they can afford to sit on cars for 3-6-12 months That's the question though. Can they? There's a carrying cost to all that inventory on the lot.