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A comment on Nonprofit markups.org is exposing the most egregious new car prices. Parent comment

Re:Nonprofit markups.org is exposing the most egregious new ... by ReptileMan on Wednesday August 03, 2022 @03:59PM (#32336094)
And this one is not because there are enough cars in the US and even if currently no new are produced - existing are rarely decommissioned because they no longer work.

Very few people need new car now. Or need to change their car now. It is a flexible market. In the current market supply shortage means that you will have to squeeze 50000 more miles out of your current car in the next two years. It's not insulin or baby formula.

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Re:Nonprofit markups.org is exposing the most egregious new ... by n4r9 on Thursday August 04, 2022 @05:30AM (#32340908)
A ~30% spike in used car prices which has been ongoing for a year and is predicted to continue for 2-3 years is bad for people that need a car to commute and can't easily afford to buy another if and when theirs breaks down.

Maybe you're right and this is a fraction of a percentage of the population. I'd be surprised but am open to seeing stats on it.

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Re:Nonprofit markups.org is exposing the most egregious new ... by nradov on Thursday August 04, 2022 @10:37AM (#32343489)
That's just wrong. About 5% of cars are scrapped every year. Many people need to buy a replacement vehicle on short notice because their old car suffers a catastrophic mechanical failure, or is totalled in a collision.
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