you are viewing a single comment's thread
view the rest of the comments
[–] 18 points 3 weeks ago (3 children)

I was just reading about somebody who bought a car in 2020 new for like $40k, and then after three years, resold it for $45k.

  • source
  • hideshow 6 child comments
  • [–] 8 points 3 weeks ago

    I know several people who did that - trucks, boats, campers were all worth more used during COVID than they were worth new just a year or two before. You may recall there was a massive chip shortage during COVID and new vehicle production was greatly impacted.

  • source
  • parent
  • [–] 8 points 3 weeks ago

    Inflation does crazy stuff like that.

    In the 1980s here in Brazil there were people that made a living by buying new cars and reselling them before the store managed to bring the actual car from the factory.

  • source
  • parent