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In reply to the discussion: Rental cars may be about to flood the used-car market [View all]A HERETIC I AM
(24,362 posts)26. This in no way supports what you said above.
Your post #1 says;
"There are new car parks with millions of cars on them...They make them and dont sell them and park them for 2-3 years, then send them to recycle, to make newer cars..."
Nothing in the information you posted above supports this.
I Googled the title of the blurb since you didn't provide a link;
https://www.statista.com/statistics/200002/international-car-sales-since-1990/
So why do you think that manufacturers "park them for 2-3 years"? Where is your evidence for this?
Sorry, but it simply does not happen. Sure, the Coronavirus has put a damper on the international car market, but that just means production will slow until the current unsold inventory is purchased. It is possible that could take up to 2 years, but it will happen.
The only thing that comes close to what you are suggesting was the short lived "Cash for Clunkers" program back in 2009, but that was a government stimulus and it expired.
The idea that auto makers just build cars, store them and "recycle" them is absurd. It doesn't happen.
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....70 - 59.5 equals 10.5 million parked in lots all over the world....just this year
pbmus
May 2020
#23
I was thinking of picking up a used short bus from the local bus company...
TreasonousBastard
May 2020
#2
I'm not afraid of used rental cars especially, but a problem for me is selection/features ...
mr_lebowski
May 2020
#3
I suppose it's not that bad for car makers.. In my area the prices haven't really gone down...
mitch96
May 2020
#7
I was driving a 15 year old car and decided to take advantage of this credit situation.
ooky
May 2020
#10
Not onlt that, some car companies are trying to get leasers to keep their cars longer.
TheBlackAdder
May 2020
#21