3 ms·
It comes to buy price minus sell price. People buying 47k cars are not driving them to ground or totally writing off them outside rare cases. Not that it is not
by Ekaros 3y ago
It comes to buy price minus sell price. People buying 47k cars are not driving them to ground or totally writing off them outside rare cases. Not that it is not still significant sum of money, but there is also large second hand market involved.
- nwienert 3y agoNot just that but 47 is the average for a new car. Average used is 27. From a cursory look 70% of cars are bought used. So the actual average purchase price is closer to 34.