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Old 01-04-2019, 03:38 PM   #4
Nick M3
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Join Date: Oct 2003
Location: Bethesda, MD
Posts: 12,458
Labor is extremely expensive. Keeping an older car on the road costs a lot and people just aren’t inclined to do it. Likewise, insurance companies are aggressive about totaling (see high labor costs), so it’s very easy for minor damage to take a car off the road.

On top of that, the 2007 to 2010 or so cohort of cars didn’t exactly sell well compared to what they should have due to the recession.
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