Used car prices are revving up

George Mihalcea

"I mean, it's kind of mind-boggling for anybody who had the pleasure or context of having bought pre-2020, right?" says Ivan Drury, the director of insights at Edmunds. You may remember the used-car apocalypse nestled inside the whole-world apocalypse during the COVID-19 outbreak. Supply chain disruptions in new vehicle production, increased competition from rental car companies , and a surge in demand from consumers seeking to socially distance themselves from others behind the wheel caused a

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Used car prices are revving up https://www.businessinsider.com - 09.10.2025 08:17

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Used car prices are revving up https://www.businessinsider.com - 09.10.2025 08:17