Connect with us

Business

Sticker Shock: Why Used-Car Prices Are So High – NPR

The supply of used cars is tight, while demand is high. That can provide a big boost to car owners thinking of selling, but it can make affordable vehicles hard…

Published

on

post featured image

Used vehicles are parked on the sales lot at a CarMax store on Sept. 24 in Colma, Calif. CarMax reported a surge in earnings after used-car prices climbed steadily and surprisingly for months.
Justin Sullivan/Getty Images
Aaron Springer of Odenton, Md., wasn’t looking to sell his 2014Volkswagen Jetta SportWagen, which he bought used a couple of years ago.
“I love this car,” he says.
But Springer heard the used-car market was hot, so he decided he might as well check. To his astonishment, used-car…

Click here to view the original article.