I Just Bought a Brand New Old Car (Vanity/Chat)
The Nissan Xterra. It was an instant success when it first appeared in 1999. The SUV craze was in full bloom and every auto maker had at leat one SUV model for sale. And for good reason, Minivans were...
View ArticleFormer Missouri Resident Pleads Guilty to Charges Related to Vehicle Odometer...
 WILFRED J. ALBANESE, 49, formerly of Waterbury, Connecticut and Blue Springs, Missouri, pleaded guilty today before U.S. District Judge Michael P. Shea in Hartford to fraud and identity theft...
View ArticleUsed Vehicle Prices Explode To All Time Highs After Plunging Just Months Ago
Used Vehicle Prices Explode To All Time Highs After Plunging Just Months Ago Tyler Durden Thu, 08/20/2020 - 22:05 When you have the Central Bank back-stopping every industry in the United States, it's...
View ArticleSome used vehicles now cost more than their original sticker price
DETROIT — When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy...
View ArticleNew and Used Car Prices Soar Due to Microchip Shortage
A microchip shortage is translating to higher car prices across America. CBS reported that the average price of a new car has topped $40,000 and that used car prices have risen nearly 30 percent due to...
View ArticleForget New Or Used, Even Wrecked Car Prices Are Hitting Record Highs
Junked-car auctioneer Copart, Inc., or simply Copart, reported earnings this week and said given the stellar growth in new and used car prices this year, wrecked car prices are getting a lot more...
View Article“Team Transitory” Suffers Blow As Used Car Prices Resume Surge
In the past month, a feud has broken out between the so-called “team transitory”, comprising mostly of pro-Fed, pro-Biden commentators, who urge the public to ignore the “transitory” hyperinflation...
View ArticleReport: Used Car Prices Record High, Inventory at Historic Low
Reports show that wholesale used car prices climbed to an all-time high in September even though dealership inventories have historically low inventory given the high demand for second-hand cars in the...
View ArticleUsed Vehicle Prices Hyperinflate as Inflation Begins to Spiral out of Control...
It turns out that all of the “doom and gloomers” that were warning that we would eventually experience nightmarish inflation were right after all. In particular, vehicle prices have become exceedingly...
View ArticleSHOCK CONFESSION Josh Duggar admits he’s ‘not denying...
JOSH Duggar made a startling "non-admission" when questioned about alleged child pornography on his work computer in 2019. In court on Wednesday, audio from an interview with Homeland Security agents...
View ArticleUsed Car Prices May Never Return To 2019 Levels, Says Cox Automotive
Those holding off on purchasing a used car, expecting prices to come back down, might be in for a surprise. A new Cox Automotive report said used car prices may never return to pre-pandemic levels....
View ArticleConsumer prices rose by 6.8% in November over previous year, Labor Department...
The Labor Department reported Friday the U.S. consumer price index rose 0.8% in November, compared to October. The increase marks a 6.8% increase over the previous year, the department also reported,...
View ArticleBidenflation: New Cars and Trucks See Biggest Price Hikes Since 1975, Used...
The cost of driving in America is accelerating–and not just because gas prices are up 60 percent from last year. The prices of new cars and trucks jumped a seasonally adjusted 1.4 percent in October...
View ArticleAs Used Car Prices Hit Another Record High, Here’s What Goldman Thinks...
Another month, another record (see prior records: here & here). New data shows used car prices continued to soar in the first half of December, suggesting inflation has been anything but...
View ArticleCarvana's Algorithm Bought A 7-Year-Old Honda Fit For More Than It Was...
Photo: Honda Both the new and used car market is a hot mess right now, and will be for sometime. Just how hot of a mess are we talking? Well, a writer for The Verge managed to sell his 2014 Honda Fit...
View ArticleUsed Car Prices Fall As Goldman Points Out Supply Chain Alleviation
U.S. companies has struggled with supply chain congestion, bottlenecks, and the inability to adequately re-stock certain items that roiled the automotive industry. As a result, new car production has...
View ArticleUsed Car Prices Are Crashing Near Record Pace
It’s been a challenging year for consumers. And with the highest inflation in four decades, some are paring back spending on big-ticket items, such as used automobiles. After jumping 90%, since the...
View ArticleUsed-Car Prices Are About to Crash… Here’s Why
Prepare for an exploding supply of used automobiles… And like most economic disruptions these days, it’ll be thanks to the pandemic.COVID-19 brought about never-imagined lifestyle changes. Families...
View ArticleUsed cars have become unaffordable
High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers. That’s bad news for CarMax, the nation’s largest used car dealer. CarMax reported Thursday...
View ArticleBeware a Flood of Flooded Cars
Thousands of cars are damaged or destroyed by floods every year, but don’t assume all those vehicles end up in a junkyard. Some are repaired and resold in other parts of the country without the buyer...
View ArticleUsed-Car Prices Collapse The Most Since the Lehman Meltdown: Buyers should...
With soaring borrowing costs, the Federal Reserve has slammed the brakes on the once-booming used car market. The latest data on wholesale used-vehicle prices show October's decline on a year-over-year...
View ArticleA Used-Car Dealer Raised Millions From ESG Investors. The Customer Complaints...
Idaira Chavez is just the type of car buyer that BlackRock’s new social-impact fund might have had in mind when it bought a stake in Tricolor Auto Group. Tricolor gave Chavez, 21, a loan to buy a 2012...
View ArticleUsed Car Prices Soar with Largest Spike in 14 Years
Used car prices have soared, recording the largest February increase in 14 years, according to reports. The spike in prices comes as inflation continues to drive consumer prices. Wholesale used-vehicle...
View ArticleHackers break into Russian TV and tell everyone there’s been a nuclear...
People living in the east of Russia have once again been targeted in a television and radio hack, apparently suggesting they had been subject to a nuclear attack. It is the third time media stations in...
View ArticleWholesale used car prices drop by largest amount since pandemic began
Wholesale used car prices dropped by 4.2 percent from May to June, marking the largest monthly decrease since the start of the COVID-19 pandemic, according to the Manheim Used Vehicle Value Index...
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