Prices for used cars are rising in the United States
According to the Manheim Used Vehicle Value Index, US used car prices jumped 2023% for the month (January to February 3,7), the largest monthly jump since February 2009, when prices rose 4,4%. Manheim noted that the price increase is unusual for this time of year. As a rule, such changes in the automobile market occur in the spring.
Experts added that the pandemic, the ensuing global parts shortage and the war in Ukraine have thrown supply chains into chaos, leading to a sharp decline in new car inventories. Data from S&P Global Mobility indicates that the average age of cars and trucks on U.S. roads reached 2022 years in 12,2, a record.
Source: Telegram channel “US NEWS | AMERICA"
