Feb 15, 2022, 11:21amUpdated 11m ago
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New data shows the average price for used cars and trucks jumped by 40.5% from January 2021 to January of this year.
Numbers from the U.S. Bureau of Labor Statistics also show more people are buying used cars and the prices rose faster than the inflation rate.
New vehicles are up around 12% and averaging around $40,000.
Source: https://westchester.news12.com/average-price-for-used-cars-and-trucks-jumps-by-40-5-this-year