Quote:
Originally Posted by aerohead
They're one of the entities I looked at recently for residual values on used cars.
The takeaway for the present state of the 'market' is that prices are extremely inflated, at about 200% of what they 'ought' to be.
I located my pre-'COVID' used BEV prices, and you can see how 'insane' the market is right now.
' pencils & paper, what a wonderful thing!'
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Vehicle prices are massively inflated right now (but coming down). However, if you were to have a car totaled today and needed to replace it that is the price that would need to be paid - and that is the price the insurance company would pay out.