JCZ5 is absolutely correct; ' Economists have a term for this, called "revenge buying" '.
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Originally Posted by JCZ5
Normally it's pretty prevalent in retail where when shops reopen, they see a surge of sales for the short term (yes, even during a recession). Obviously, cars are a lot larger purchase, but I can tell at least for regular cars, there will be a slight upswing as more States open up.
Now the OC market is super interesting because it does not necessary follow logic you would see in other areas. One reason is due to the the OC's apparent price in-elasticity. There is so much wealth concentrated that people do not care about the marginal price considerations of discounts or lack thereof.
That is why for price conscious folks, always check out markets in the Midwest and the South.
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96: 318ti |01: 325 |02: 325w |03: 330xi |04: X3 |05: X5 |06: X5 4.4, X3, 330 |08: 328 |11: 135 |12: X3, X6, M3, 650, 997 |13: X6M, 640GC, M3 LRE, M6, M5, 135is, 328 |14: X1, 981 |15: M4 |16: 981 |17: M2, F13 |20: M2c, 982, M2c l 22: 992, G42 | 23: G80| 24: G87