Buyers aghast as used car prices soar
Posted By: NorthernDog, 1/3/2022 7:32:10 PM
A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work. She was shown three cars priced at her limit, roughly $7,500. Schrier said the woman was stunned. "'That's what I get for $7,500?‘" he recalled her saying. The vehicles had far more age or mileage on them than she had expected for something to replace a car that had been totaled in a crash. The woman eventually settled on a 2013 Toyota Scion
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Buyers aghast as used car prices soar
28 replies
A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work. She was shown three cars priced at her limit, roughly $7,500. Schrier said the woman was stunned. "'That's what I get for $7,500?‘" he recalled her saying. The vehicles had far more age or mileage on them than she had expected for something to replace a car that had been totaled in a crash. The woman eventually settled on a 2013 Toyota Scion
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Comments:
The days of buying an older junker for $1,900 are long gone thanks to Bidenomics.