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comment by uhsguy
uhsguy  ·  1565 days ago  ·  link  ·    ·  parent  ·  post: The case against American truck bloat

I guess they move easily so when underwater and repossessed the margin is good. Still these trucks start at 50k and go up from there. That high baseline price is actually an advantage because it allows underwater buyers to roll over their old underwater truck into a new one while keeping under 120% loan to value.