Used Cars On The Rise

Used Cars On The Rise
Photo by Carles Rabada / Unsplash

Here's what you need to know.

Used car prices are on the rise. many individuals are not spending their money on cars due to gas prices and car prices rising exponentially.

Many individuals are shocked to see car prices rise over 40% within this month. Many of these individuals are holding off on buying a vehicle due to financial reasons. This rise in car prices has hurt many Americans and dealerships that are wanting to sell vehicles.

Economists have stated that the rise in prices will harm the economy in many different ways.