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skybrian
1133 days ago
US vehicle sales were up in April [1], [2], so someone is buying them.
[1]
https://economics.td.com/us-vehicle-sales
[2]
https://fred.stlouisfed.org/series/ALTSALES
3 comments
jandrese
1133 days ago
A lot of that seems to be fleet sales to rental companies that need to recover from dumping their inventory to stay afloat during the pandemic.
link
TechBro8615
1133 days ago
Perhaps it's Uber drivers buying them with financing after being forced to drive a sufficiently recent model of vehicle.
link
georgeburdell
1133 days ago
There’s a huge backlog right now. An increase in sales tracks an increase in supply. The situation is changing rapidly, anecdotally. My local Toyota deal dropped their dealer markup from $10k to $5k recently
link