Cash for clunkers destroyed mountains of cars which increased pollution and forced a bunch of people up the food chain with regard to competition for used cars.

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bombcar 2 days ago | parent [-]

A big part of it began there, and Covid just made it even worse by constraining new car supply for a while.

	▲	supportengineer 2 days ago \| parent \| next [-]
		Not to mention, all the excess dollars means that almost any older car has increased value for nostalgia seekers and enthusiasts.
	▲	cameron_b 2 days ago \| parent \| prev [-]
		The higher cost of financing making people hold the cars they have has further reduced the supply.