Quote:
Originally Posted by SSM_DC5
Things can change, tesla created the new model of car shopping, so why can't they do price protection too?
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The presiding thought process with car purchases for the longest time has been that yesterdays price is not todays price, and that the moment you purchase it you can basically ensure that it'll depreciate.
Car manufacturers have had "price drops" all the time, year end clearouts etc whatever but for the most part they were done in an obscure manner (through rebates, and/or better financing terms, freebies etc).
The recent semiconductor shortage has created a very unusual environment where car values sometimes stay flat and/or increase even after purchase. This was never going to last, and is not normal.
Tesla, also got caught up in this perfect storm on top of their historically "hard to get" stock levels that made their resale values even more unusually inflated. I'm thinking some of the most vocal angries were so caught up in this thinking that they completely forgot that basic supply/demand can work both with you and against you at the drop of a hat.