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by jsymolon 1595 days ago
> ... is going to have major consequences in everyday life.

is going to ? Already has.

Used car prices start climbing Jul '20.

https://www.cargurus.com/Cars/price-trends/

1 comments

Car prices going 5-10% up are very far from _major_ consequences.
You reading the same page that the GP linked? It says YoY car prices are up 36%... which is enormous.

That's got a huge ripple effect across the market, as best as I can tell, because it pushes people to buy older/lower cost cars across the board. Either that or they continue driving their old/potentially unsafe car even longer.

Apologies. The index below does not correspond in any way to chart, which confused me.