What’s Going On in the Used Car & Truck Market?
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter As “affordability challenges” hit new vehicles, consumers switch to used, prices spike to record, inflation psychology sets in. For a brain-twisting phenomenon, amuse yourself for a moment with the Consumer Price Index for used cars and trucks. It shows that there has been 0% inflation since 1994 in used cars and … Read more