Major Hayden 🤠 on Nostr: npub1ph4f9…x0p39 The problem here is that the market is so saturated and MSRPs are ...

npub1ph4f9cc4xj2yc7yanxhklpze3fn3hyxj3kuugaxw30uqjca99m4qdx0p39 (npub1ph4…0p39) The problem here is that the market is so saturated and MSRPs are so high that dealers are sending *new inventory* to auction houses (and losing money in the process).

Dealers are paying higher and higher interest from holding cars on their lot, their customers can't get loans from the banks, they keep adding markups to recoup lost profits, and manufacturers keep raising MSRPs.