Americans Can’t Afford This Necessity
Things just keep getting worse under Biden.
It now appears that used car prices are once again on the rise again after a few good months of decline.
According to Fox, wholesale used car marketplace Manheim has found that the cost of used cars has increased by 0.7% in May.
Typically, Wholesale costs of used vehicles dictates the direction retail prices of used vehicles will be in about 6-8 weeks. This cost hike in used car prices comes as gas prices reach an all time high making travel in general drastically worse.
Used car prices are up for a number of reasons including one the mass shortage of new car inventory due to the supply chain crisis.
