A glut has used-car depreciation accelerating
With many countries tabling laws to outlaw the sale of diesel and gasoline cars around 2030, this is going to accelerate extremely quickly.<p>In 5 years (2022), everyone will know it will be illegal to buy a gasoline car in just under 8 years.<p>I think there will be <i>very</i> little demand for the regular old gas powered car. (excepting maybe exotics, or "pleasure drives", which much be a tiny fraction of overall sales)<p>That car you have to fill with liquid cancer is going to be worth <i>extremely</i> little, very soon.