Inflation Is Driving Secondhand Markets Out Of Control. Hereβs Why.
Economics Explained
00:00
How to Make a Profit by Buying a Limited Addition Car
If you wante to turn a profit by buying a fancy watch at retail and then reselling it to the secondary market, you are going to need to buy up a whole bunch of unpopular watchers first. Even though they might be luxury goods, they aren't that hard to find, so they don't demand the secondary market premium. Ford may not be the first company you think of when it comes to high luxury, but they have recently released one of these ultra limited products with the for g t. They invited 400 people to purchase these cars, and almost everybody did, because yot would be kind of silly not to. But needless to say, ford was not superhappy about
Transcript
Play full episode
