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Used car prices continue to climb as gas prices, supply chain backlogs drive up demand

Added 06-27-22 07:04:04pm EST - “Used car dealers are facing stronger demand nationwide for cars with good mileage amid high gas prices -- but supply chain delays cause additional trouble.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Used car prices continue to climb as gas prices, supply chain backlogs drive up demand”. Below is an excerpt from the article.

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With record gas prices and supply chain issues delaying new car production, more people are looking for cars with better mileage. That means more business for used car dealers.

With record gas prices and supply chain issues delaying new car production, more people are looking for cars with better mileage.

"The economy is kind of tough right now," said Carson Cars salesman Luis Zarate. "They’re looking for a used car, low mileage, and they can rely on it." 

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