Precisely right.A softening at the high end and a sharp decline in the middle are two different things. These are different markets and the really hot cars are still commanding premiums over MSRP. ”the markets” isn’t really a thing. There are a lot of markets. I doubt we see a 765LT spider for msrp ever again. Nobody will sell me an gt3 for msrp, let alone a real super car. And the P1m2 allocations will be a brutal massacre.
The hot stuff is still completely out of whack demand / supply.