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anonporridge • yesterday at 6:59 PM • 0 replies • view on HN

This is what used cars are for.

This is the natural flow of things. People with disposable income buy nice new stuff, suffer the rapid, early depreciation, and then they trickle down to the next tier of consumer who can't afford or doesn't want brand new things.

Cars and houses all work like this. Very rarely have the lowest income tiers ever gotten brand new, expensive things.

And if you're high income and smart, you still get used things because you recognize this is the most fiscally responsible thing to do and a great way to build and preserve wealth.