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How about the export market?
Why don't they load these cars onto cargo containers and ship them off to poorer parts of the world to see them at greatly reduced rates?
Some money coming in, and poorer people benefiting from having access to a reliable vehicle is a winner and it wouldn't affect the prices in the domestic markets plus the positive PR for the manufacturer would be priceless..i wonder why they don't do this?
I'm sure they don't waste them, they just eventually ship them to 3rd world countries to sell them overpriced.
originally posted by: mikell
In the US there's lots like that after floods and hurricanes also the automakers here are required to keep so many of each model for about 10 years. All those abondond looking buildings in Detroit are actually full of brand new cars waiting for the government to let them be scrapped
originally posted by: gottaknow
Oh! So relieved to see this post! This is something that has been bugging me for years. I suspected something like this was going on as it just doesn't add up all the cars they have on the lots all year long that just vanish to make way for the new + the prices constantly rising even though we should be well saturated in newish cars if they're selling that many.
I've wondered the same about other products as well as they stores are always full of new things, but, where do all the unsold items go? Furniture, electronics, appliances top the list of my "wtf happens to all these new, but unsold models?" list. Hopefully clothing and food get distributed at least somewhat to poorer citizens/places.
originally posted by: Flatfish
This is why I ask; During my career as a longshoreman, I loaded literally hundreds of thousands of automobiles onto ocean going vessels for export to various countries around the world and every single one I loaded came directly from a "staging lot" like the ones depicted in the photos. In some of the photos, the car lots depicted are sitting directly adjacent to a port facility. I can see the water, the dock, the rail lines, the sheds, the cranes, etc...