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Supply and demand. With a dramatic decrease in demand, price should drop. However, they're going the route of cutting supplies (it'll take a while) in order to keep price up. I wonder if their current production levels are still outpacing demand or if they're slowly using up their stock of cars. It seems to me that it's only a matter of time before the manufacturers drop price in order to move some cars, even if they're selling them at a loss. Eventually it becomes more expensive to keep them than it does just to get them out of their hair.
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