On the last point, the same applies for cars. The market for used 1 or 2 year ol...

ivankirigin on Aug 30, 2008 | parent | context | favorite | on: 10 Things Millionaires Won't Tell You

On the last point, the same applies for cars. The market for used 1 or 2 year old BMWs is very strong. Rich people buy new ones, and dump slightly used ones.