Quote:
Originally Posted by Isaac Zachary
The reason there are countries like that is the lack of people who buy brand new cars. Fewer new cars makes a lower supply of used cars. And if there's a demand for used cars then the prices go up.
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Even though Brazil has a large sales volume for new cars, used ones retain a quite high resale value. Econoboxes which are still best-sellers here often retain more of the resale value, as they're less expensive to operate and mantain for a longer while.