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The Great Reset Of 2024 Just Started! CAR MARKET Prices Out of Reach
As auto industry recovers, car prices out of reach for many people. The price of new cars rose by more than 40 percent between January 2021 and May 2024. Used car prices increased by 52 percent.
The U.S. automotive market is returning to normalcy after years of supply chain issues, depressed demand for new cars, and low vehicle inventories.
However, a new or used car is often too expensive for Americans who are already battling inflation that’s making financial decisions more difficult than they were a few years ago.
New trucks, sport utility vehicles, and luxury cars are still driving off the lot in short order despite being out of reach for a growing number of consumers.
Lauren Fix discusses on NTD News.
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