Comment on Ask HN: When will car prices normalize?parentComments−tonyedgecombe4yIt's the second hand market that will be most affected by increased fuel prices. Assuming 18% depreciation a year that car will be $22K for the next owner. Then that extra $1,600 per month becomes more significant.
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It's the second hand market that will be most affected by increased fuel prices. Assuming 18% depreciation a year that car will be $22K for the next owner. Then that extra $1,600 per month becomes more significant.