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Published 3 years ago

Car prices are soaring, and they're not going to stop

Summary by CNN

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That's helping send prices to record levels and lifting the nation's overall inflation rate.

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Car prices are soaring, and they're not going to stop

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That's helping send prices to record levels and lifting the nation's overall inflation rate.

3 years ago·Atlanta, United States

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Car prices are soaring, and they're not going to stop

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That’s helping send prices to record levels and lifting the nation’s overall inflation rate.And the price increases aren’t over yet.The average new car price hit a record $38,255 in May, according to JD Power, up 12% from the same period a year ago.About two-thirds of car buyers paid within 5% of the sticker price in May, with some even paying ab…

3 years ago·Colorado Springs, United States

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Car prices are soaring, and they're not going to stop - Local News 8

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That’s helping send prices to record levels and lifting the nation’s overall inflation rate.And the price increases aren’t over yet.The average new car price hit a record $38,255 in May, according to JD Power, up 12% from the same period a year ago.About two-thirds of car buyers paid within 5% of the sticker price in May, with some even paying ab…

3 years ago·Idaho Falls, United States

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Car prices are soaring, and they're not going to stop

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That’s helping send prices to record levels and lifting the nation’s overall inflation rate.And the price increases aren’t over yet.The average new car price hit a record $38,255 in May, according to JD Power, up 12% from the same period a year ago.About two-thirds of car buyers paid within 5% of the sticker price in May, with some even paying ab…

3 years ago·Panama City, United States

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Car prices are soaring, and they're not going to stop

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That's helping send prices to record levels and

Read Full Article

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Leaning Left1Leaning Right0Center4Last Updated3 years agoBias Distribution

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Bias Distribution

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80% Center

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