Luxury car sales boom, used car prices moderate

Yahoo Finance’s Pras Subramanian discusses the state of the auto market as luxury car sales boom and used car prices see a large decline after the run-up during the pandemic.

Video Transcript

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2022 saw Wall Street suffer through its worst year since 2008. Virtually every economist is calling for some form of recession in 2023. So it only makes sense that the priciest cars on the planet, see Rolls-Royce, Bentley, and Lamborghini are seeing their best years on record….

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