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Used Car Prices Soar with Largest Spike in 14 Years
Slay News ^ | 2/18/23 | Nick R. Hamilton

Posted on 02/18/2023 1:33:13 PM PST by CFW

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To: minnesota_bound

My definition of “reasonable” was comparable to pre-Covid prices (say 10% higher).

The dealer had dozens of new cars in that range.

The market has shifted quickly (in a good way) in the last month or so—worth checking out...


101 posted on 02/19/2023 5:10:58 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: minnesota_bound

My definition of “reasonable” was comparable to pre-Covid prices (say 10% higher).

The dealer had dozens of new cars in that range.

The market has shifted quickly (in a good way) in the last month or so—worth checking out...


102 posted on 02/19/2023 5:10:58 AM PST by cgbg (Claiming that laws and regs that limit “hate speech” stop freedom of speech is “hate speech”.)
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To: allblues

Remember driving around with a broken clutch cable until you got around to fixing it? My ‘69 van broke a couple of clutch cables a year.


103 posted on 02/19/2023 5:12:06 AM PST by HartleyMBaldwin
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To: Bernard

Well said Bernard. Good advice!


104 posted on 02/19/2023 6:28:44 AM PST by HonkyTonkMan ( )
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To: CFW

My 20 year old beater is being sold in lots for MORE than I paid when I bought it used 15 years ago.


105 posted on 02/19/2023 10:23:25 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: WASCWatch
When I was a kid, the Tournament of Thrills Auto Daredevils came to town driving Mavericks. It was a heck of a show for my 7-year-old eyes.

My mom and uncle had Mavericks and I was sure it would be my first car.

Maybe I'll get one of the new Maverick hybrid trucks.

106 posted on 02/19/2023 10:27:13 AM PST by Mr.Unique (My boss wants me to sign up for a 401K. No way I'm running that far! )
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To: SaxxonWoods

If priced in real money instead of funny money, the new mustangs are a real steal now compared to the 66.

Try working out the gold price, for instance.


107 posted on 02/19/2023 4:09:44 PM PST by wrench
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To: PeterPrinciple

Inflation is the devaluation of money. Ultimately, it is supply and demand with regards to money exclusively but with special circumstances. Printing money or increasing M2 takes just a pen whereas drilling for oil, producing more of a product takes real effort and labor and expense.


108 posted on 02/20/2023 3:43:44 PM PST by frogjerk (More people have died trusting the government than not trusting the government.)
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