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re: Car Sales Are Slipping Into Recession-Level Decline
Posted on 6/13/19 at 4:02 pm to TheCaterpillar
Posted on 6/13/19 at 4:02 pm to TheCaterpillar
quote:
Cars are absurdly expensive, last longer than ever
It makes sense to raise the cost if they last longer. I’m not suggesting it’s a 1:1 ratio, but if you take the cost per year it might be reasonable.
Meaning $30k for a car that lasts 5 years vs $50k for a car that last 8 years.
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