Absolutely cars have a premium, especially used car prices which are seeing some of the highest rates of YoY inflation. As an example, the trade in value of my CPO Macan is worth 15% more than the purchase price last year and even after I put 17k miles on it—I was shocked. Heck even at my local MB dealer they have a $180k sticker G Class with a $100k “market adjustment “ premium. No idea who’d ever pay that but it’s there