Why are used car prices so high right now?

As new car inventory fell, consumers turned to used cars — putting a strain on that supply and driving up prices, according to Cars.com. But some used cars are more expensive than others. … With all the pent-up demand from the pandemic, prices are elevated across the board.”

Source: https://www.mahoningmatters.com/local-news/used-car-costs-soar-amid-covid-pandemic-heres-when-experts-say-they-could-come-down-3758597

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: