Why are used cars cheaper to buy in Los Angeles compared to say San Diego or any other city in Southern California?
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used cars
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Answer:
We're pretty spread out here and love (and need) our cars. If you live in Orange County and work in downtown (Los Angeles), you'll be racking up 100+ miles per day. All other things being equal, higher mileage may be one factor accounting for the faster-than-average devaluation of the vehicle. Additionally, there is a heck of a lot of people here, almost 15 million in the Los Angeles urban area. Generally speaking... more people means more cars; more cars mean more sellers; more sellers mean more competition; more competition means weaker demand; weaker demand means lower prices
Garrick Saito at Quora Visit the source
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