Yes you do forget about the used car inventory drop during C4C.
Given the fact that so many cars were just pancaked and cubed there was no corresponding used car hitting the market. I was looking for a used car in August-October last year and the selection wasn’t great, the pricing? The pricing was horrible.
I got very lucky in January though. That’s one ripple in the industry I have never heard about in the MSM. The fact that it disrupted the used car inventory/business for nearly 6 months.
Not only that, but for every car that was crushed, that left a parts deficit at junkyards, another business that was detrimentally affected.