Quote:
Originally Posted by offrdmania
Dealers are still going to say that inventory is low in order to keep the false narrative going that there is demand even though most of the big dealers are sitting on dozens of the hot models. If inventories were truly in fact low, these dealers wouldn't be turning down the chance to buy these hot models when average blokes like you and me try to trade them in, yet they are turning them down left and right. They want to keep prices as high as possible for the longest amount of time so that they can liquidate the inventory that they bought at the height of the market.
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I believe this an excellent assessment of the current secondary market. It boils down to how long this resale pricing narrative can work or how long they can hold out and survive. We are in a transition period between the market that we are exiting and the new market that is knocking at the door.