Shrugging off Fed’s Interest Rate Hike Campaign, Car Prices Resume Their Surge in Early 2023
Shrugging off Fed’s Interest Rate Hike Campaign, Car Prices Resume Their Surge in Early 2023 Car market inflation driven by most expensive used vehicles segments like SUVs, up a staggering 8% in the past eight weeks
Chicago, IL – May 4, 2023 – Chaos is back in the used car market. While prices had finally started to drop towards normal late last year, this trend has abruptly reversed course.