Indianapolis – Circa March 2021: Ford SUV display at a dealership. Ford sells traditional gasoline, electric and hybrid SUV models.
After supply chain issues pushed used car prices up drastically in 2021 and 2022, they have finally begun to dip. According to the Bureau of Labor Statistics Consumer Price Index—the most common measure for inflation—the price of used cars and trucks dropped a national average of 13.6% from February 2022 to February 2023.Stacker…
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