I think some companies like Carmax and Carvana are looking at the long game and figuring a small loss on paying too high on trade in values is better than not paying those prices which will affect them in the long run bc of their overhead (again just my opinion - no expert in the car game haha). Also since everyone is paying a higher price - if you sell your vehicle and then have to buy a vehicle - it’s not like you are saving a lot of money on the deal since everything is inflated. Again - no expert but just my .02.
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