What's funny is seeing the correction in action on cars.com / autotrader.com. Yo... | Hacker News

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		KennyBlanken on Dec 12, 2022 \| parent \| context \| favorite \| on: As Carvana crashes, used car dealers, not buyers, ... What's funny is seeing the correction in action on cars.com / autotrader.com. You can see the price history, and dealers even just 6 months ago were asking outrageous prices and have since slashed their asking prices because they can't move the things, because new cars are cheaper or not much more expensive, have a warranty, and better financing.

bombcar on Dec 12, 2022 [–]

That’s what kills these things - they think it’ll never change and start acting accordingly.

And of course it turns out that car companies are actually going to keep making cars.

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