Global inflation has affected the whole world. There has been an increase in the price of almost everything in the technology sector, from smartphones to white goods. So how did this affect used car prices in America?
Are used car prices in America affected by inflation?
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0 and 2nd hand car prices in America also seem to have had their share of inflation. Especially in the last few years, we see that the prices are higher. This includes the pandemic period, when people buy the most cars.
In this video, we visit CarMax, one of the most famous car markets in the USA, where thousands of second-hand cars are sold even in only one of its branches. In the huge open parking lot there are many electric and combustion cars, including SUVs, sedans, hatchbacks and supersports.
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