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this post was submitted on 07 Jul 2026
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Maybe this will discourage car ownership? 🤔
No chance, it's just going to mean that used cars won't depreciate as fast.
"I know what I have" types will absolutely be using this as justification for wanting $7000 for their $300 car.
This is more along the lines of "cars less than 10 years old don't depreciate after they leave the lot" and not "wow all used cars went up in value"
can hope