I think it is because there was a covid related crash in new car production and that made the prices of used cars go up for a while.
That plus interest rates are up. Plus, a year or two ago there was a high demand as people were returning to work, thus most people who need a car have one.
6 posted on 07/10/2023 12:13:50 PM PDT by Tell It Right
(1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
