Tue, 21-Oct-2025

Revved up US demand for used cars sends prices soaring

United States

ARLINGTON: The used car market in the United States is seeing an unprecedented phenomenon: owners selling vehicles for as much or more than they paid for them. The strange twist comes as a global shortage of computer chips amid the Covid-19 pandemic has stalled auto manufacturing, fueling a price increase for used vehicles, which in turn … Read more