Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by troupe on Monday February 08, 2021 @08:54AM
(#26064436)
> Highly likely a used petrol car will be bought by someone even if not by you personally
Well when the government gives people $3 billion to smash their used vehicles (C.A.R.S in 2009)rather than keeping them in the used market, it does tend to cause more new vehicle purchases.
I'm not disagreeing with your point that people will eventually buy a new car if used ones aren't available, but if every vehicle was kept on the road for 25+ years, it would lower demand for new vehicles.
Well when the government gives people $3 billion to smash their used vehicles (C.A.R.S in 2009)rather than keeping them in the used market, it does tend to cause more new vehicle purchases.
I'm not disagreeing with your point that people will eventually buy a new car if used ones aren't available, but if every vehicle was kept on the road for 25+ years, it would lower demand for new vehicles.