| SCAudiophile |
07-26-2021 12:40 PM |
Quote:
Originally Posted by Masterlu
(Post 1042041)
Allocations right now are extremely tight; every dealer is holding onto their inventory tightly, and cashing in on the current premium/shortage.
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My concern is that these scumbag dealers have now realized that the demand / low inventory game can be monetized to heretofore unheard of levels for all brands, not just rarefied breeds. I think we will see them creating the illusion of short supply to sustain these profits even after things return to normal.
Even more troubling is that auto insurers are not playing this game. I talked with State Farm...in the event of theft or total loss they will only pay at the the recognized book value of the car based upon age, mileage, etc... to date those books have not permanently changed for these vehicles as these Market Adjustments are 1)short term, 2)variable by location and circumstance and 3) illegal.
The ultimate Caveat Emptor... |
