The Fed may have to buy used cars as well.
Worst decline in value since the global financial crisis & tech bust.
The ripple effect on consumer’s buying power at large will be significant.
Not looking good for car sales that are already down ~40% in March. pic.twitter.com/RaBd4vcOTY
— Otavio (Tavi) Costa (@TaviCosta) April 21, 2020
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