Post #2429 by AdrianC on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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'Since, as you note, it really makes no sense for a used car to cost more than an identical new one.
If it doesn't make economic sense, it probably won't last.'

Indeed. Could go the other way, no? When the new car shipping issues do get straightened out and manufacturers return to full production. Used car prices could drop (become more sensible).

Does that hurt the largest used car retailer who has overpaid for inventory? I don't know if it hurts them seriously. Maybe their turnover is so great it would wash out very quickly?

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