Personal Finance15mo
by SparklyKoalaTripAdvisor
Fractured 2nd hand product market
Going through Olx and Facebook marketplaces, I have seen a lot of second hand products which are way too expensive and not at all marked according to depreciation rates. 10 year old well driven cars are selling at 50-60% of their origina...
Comments
Most people are dumb and do not understand depreciation and think their stuff should fetch them a higher price
The issue is in the second hand market, there can be no standard price. It is a supply constrained market hence ...
