Sunday, November 28

Why the price of used cars has skyrocketed in the US (and why some are worth more than new models)

  • Drafting
  • BBC News World

used cars

Image source, Getty Images


The price of used cars grew 45.2% in the last year in the United States.

No one in their right mind would pay more money for a used car than for the same new model.

But in these times of pandemic some things defy logic.

Let’s say you want to buy your favorite car, for example a Toyota RAV4.

You’re going to buy it, but it’s not immediately available. Let’s say you need it urgently and you can’t (or don’t want to) wait. You don’t want another model either, because that’s the one you had in mind.

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