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by sreekotay
1787 days ago
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This one (used cars) is interesting. Combination of supply limitation and a large number of start-ups/VC money in the sector. It really is true today that buying a trusted used car is WAY easier than buying a new car. This has squeezed a LOT of the previous depreciation math out of the market (read: there was a huge arbitration opportunity) |
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Could you elaborate on this? Is this a recent development?
I bought a new car in November 2020 and while I certainly don’t _love_ the dealership experience and I’m probably less uncomfortable with financial negations than your average person, it didn’t strike me as a particularly painful experience.