No, there is no loss. No one is selling at a loss, NADA book values increased because of more buyers, more demand from pandemic and increased marketing channels with the news saying production stopped, etc. Then the "chips" stopping production as well.

A dealership, small pop or carvana does not go into used car auctions to overbid, to sell at a loss. Car Dealerships also operate trade in strategies to grab cars to resell at below market price.