used car prices and inflation

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How do used car prices affect inflation? How is this even calculated (and why)? Does this include private sales? How does this data even get collected? Help please

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Anonymous 0 Comments

This [page from the BLS](https://www.bls.gov/cpi/factsheets/used-cars-and-trucks.htm) explains how used car/truck prices are factored into the inflation numbers, how they gather the data. Does not appear to use private sale data, and focused on vehicles 2-7 years of age.

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