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You get to be the largest and most-profitable carmaker, aka Toyota. I only buy used cars, and past the ~7-year-old range used Toyotas routinely cost about twic
by KirillPanov 3y ago
You get to be the largest and most-profitable carmaker, aka Toyota.
I only buy used cars, and past the ~7-year-old range used Toyotas routinely cost about twice as much as any other brand for equivalent model/mileage/condition. Yet I still pay the markup because every time I work on mine I am astonished by the fanatical obsession they have with reliability. I'm sure this value retention is reflected in the profit margin on new Toyotas.