How Inflated Are Used Car Prices Now at Judith Pridgen blog

How Inflated Are Used Car Prices Now. one driver of inflation in tuesday’s consumer price index report has proved to be durable — namely, the price of used cars. in june, prices for used cars and trucks were up 45 percent from a year earlier, according to the bureau of labor. It’s up 9% over the past two months. in november 2021, wholesale prices for used cars were up 44 percent over november 2020, kpmg said. used car prices are particularly hard hit because rental car companies, facing a near halt in demand last year,. used car and truck prices have risen 16% over the past year, and 50% more than before the pandemic. And after falling last year, closely watched wholesale prices, a. While they’re down from their peak. in the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year. In many cases, a used car is even more.

The inflated used car price bubble needs to burst Drive
from www.drive.com.au

one driver of inflation in tuesday’s consumer price index report has proved to be durable — namely, the price of used cars. used car and truck prices have risen 16% over the past year, and 50% more than before the pandemic. in november 2021, wholesale prices for used cars were up 44 percent over november 2020, kpmg said. In many cases, a used car is even more. in june, prices for used cars and trucks were up 45 percent from a year earlier, according to the bureau of labor. While they’re down from their peak. in the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year. used car prices are particularly hard hit because rental car companies, facing a near halt in demand last year,. And after falling last year, closely watched wholesale prices, a. It’s up 9% over the past two months.

The inflated used car price bubble needs to burst Drive

How Inflated Are Used Car Prices Now in the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year. used car prices are particularly hard hit because rental car companies, facing a near halt in demand last year,. in june, prices for used cars and trucks were up 45 percent from a year earlier, according to the bureau of labor. in the latest inflation reading, used cars are one of the few categories with prices that are lower than they were a year. used car and truck prices have risen 16% over the past year, and 50% more than before the pandemic. It’s up 9% over the past two months. While they’re down from their peak. And after falling last year, closely watched wholesale prices, a. one driver of inflation in tuesday’s consumer price index report has proved to be durable — namely, the price of used cars. in november 2021, wholesale prices for used cars were up 44 percent over november 2020, kpmg said. In many cases, a used car is even more.

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