Take me Jesus, I've seen it all!
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SIL's husband takes care of fleet purchases for his Louisiana company. This week he turned in his leased pickups...All spec'd out Z-71, four door, half-tons.
The price for the new trucks had previously been negotiated. Because of the insanity of the used car market and the worth of the trades, the dealer had to cut the buyer a check to take the new trucks!
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Yep. It’s nuts.
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Covid also made the spot price of WTI go negative in spring of 2020.
Weird shit happens when supply chain disruptions occur.