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usaphp
on Aug 23, 2017
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A glut has used-car depreciation accelerating
It's still insignificant in terms of the OP comment. Also there aren't 100 cars with an average price of 5 Mln sold per year, far from it [1]
1 -
https://en.m.wikipedia.org/wiki/List_of_most_expensive_cars_...
tmnvix
on Aug 23, 2017
[–]
That list shows that of the top ~20 cars sold in 2016 the average price was ~$10m.
usaphp
on Aug 23, 2017
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But there are only a handful of them, which defeats the OP reasoning
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1 - https://en.m.wikipedia.org/wiki/List_of_most_expensive_cars_...