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tmnvix
on Aug 23, 2017
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A glut has used-car depreciation accelerating
$15 due to a single sale seems very significant. Correct me if I'm wrong, but by your reckoning just 100 super collectable sales (average $5m) could raise the overall average by over $500.
usaphp
on Aug 23, 2017
[–]
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
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parent
[–]
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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