Re:Inflation rises 7.5% over past year, more than expected a...
by beerandt on Thursday February 10, 2022 @10:40AM
(#30287702)
>apparently the big rise is in used ones
Only because there are practically no new ones.
We've been trying to buy a new vehicle for over a year, with a family member owning a dealership, and still haven't been able to get one.
Our last one, we ordered just before covid, and the 3 month order turned into 13 months.
EV only comes into play because it made new car prices higher in order for companies to meet quotas dictated by CAFE standards, which also raises prices on the used market.
Only because there are practically no new ones.
We've been trying to buy a new vehicle for over a year, with a family member owning a dealership, and still haven't been able to get one.
Our last one, we ordered just before covid, and the 3 month order turned into 13 months.
EV only comes into play because it made new car prices higher in order for companies to meet quotas dictated by CAFE standards, which also raises prices on the used market.