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I wonder if the spike in prices of used cars have also affected this. If average "book value" of car has gone up, then the write off cost has also gone up subst
by Ekaros 3y ago
I wonder if the spike in prices of used cars have also affected this. If average "book value" of car has gone up, then the write off cost has also gone up substantially. So cars might be same, but their value is now substantially higher, while still being under the 50k.
- Scoundreller 3y agoUsed cars went up in value because new cars went up in value. There's no sudden interest in driving used.