Hacker News new | ask | show | jobs
by m348e912 1281 days ago
This is surprising to hear since the interest payments on sitting inventory has been steadily rising due to rate increases.
2 comments

At the same time people aren’t as flush with cash. During the pandemic, car dealerships were selling cars sight unseen and months from delivery. Buyers aren’t going to accept that anymore. The dealerships need inventory to show people.
Our local ford dealer went from 20-40 new cars on the lot in 2020-2021. They're at over 400 on the lot now.