[wardaddy]

This article is very astute. It reminds me of in the mid 80s when Mercedes lowered their new car prices dramatically one year thereby overnight wiping out over 10K's value in some of their models of one to two year's old. I believe they had to settle a class action suit over that.

I've got an MB M class 320 right now, that I have been trying to sell at 500 over wholesale for 6 months. The used car market is a glut.

[William McKinley]

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