4 Cars That Cost More Used Than New [Yahoo! Finance]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance
However, market forces in the post-COVID-19 auto industry have forced the price of some used models up so high that it can actually be cheaper to buy them brand new. Learn More: 10 New Cars To Avoid Buying in 2024 Find Out: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy “While it may seem counterintuitive, there are a few key factors that can drive up demand and costs for secondhand rides,” said automotive engineer and consultant William Green, who worked as a transmission control engineer at Ricardo, a vehicle validation coordinator at McLaren and a control and simulation engineer at Contract Innovation. “The main culprit? Limited supply failing to meet insatiable consumer appetites. “When an especially hot model comes around, buyers will clamor for it — and if availability at dealerships is scarce, the market forces of supply and demand take over. The used car market operates under the same principles as any other. Price is dictated by what con
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F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 5/14/24 - Form 8-K
- 5/10/24 - Form 8-K
- 4/25/24 - Form 10-Q
- F's page on the SEC website