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Used Car Prices: Tesla, Porsche Go for Bargains in Hong Kong as Expats Leave – Bloomberg

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Owners in Hong Kong are having to offer steep discounts or abandon their vehicles as excess supply drives down resale values.
Guillaume Foucault, a senior tech manager, has been trying to sell his 2014 Audi Q5 in Hong Kong but hasn’t gotten offers he considers good enough.
and

If you’re wondering about the best place in the world to buy a car right now, just look at Hong Kong.
Even as second-hand vehicle prices break records in the U.S. and other countries, people in Hong Kong are struggling to offload their cars as a surge of residents move out of the city after two years of punishing Covid restrictions.

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