Tag: exorbitant
The Regrettable Remedy for Exorbitant Used-Car Expenses: Purchase A Lower Model
This is a classic illustration of how inflation may completely destroy a consumer’s purchasing power. Pre-pandemic 2019, the average price of a secondhand car was slightly over $23,000; today, it sells for about $32,500, a 41% rise. In order to keep a car at the same level of affordability in 2023, a buyer with about…
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