InsanePeopleFacebook

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submitted 1 week ago by BonesOfTheMoon@lemmy.world to c/insanepeoplefacebook@lemmy.world

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[–] AA5B@lemmy.world 2 points 6 days ago (1 children)

If I can remind you of history, for a few years used teslas kept up prices with new. You couldn’t go wrong.

What everyone forgot then and seem to have forgotten now, is its mostly supply and demand. It has almost nothing to do with the actual car

For a while there was ridiculous growth and the manufacturer couldn’t keep up with demand, so used car prices stayed high
now growth has slowed, there are other manufacturers and we’re in an adjustment period where supply is ahead of demand. Of course used prices are low.

Basic supply and demand kiddos