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
In: 1
If anything car prices are effected by inflation not the other way around. The biggest factor currently inflating used car values is a shortage of new cars due to chip shortages and other logistical issues. People need to buy cars and with a shortage of new cars on lots, quality used cars become more valuable
Latest Answers