U.S. used car and truck prices rise the most since 1969

14 Oct U.S. used car and truck prices rise the most since 1969

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While that easing pressure on pinched consumers might offer a benefit to Republican President Donald Trump’s reelection prospects against Democratic challenger Joe Biden, it does come with a big “on the other hand” caveat: It is the latest sign of fading momentum in the rebound from this spring’s record-setting economic slump. A bit of inflation typically is an indication of strengthening demand, an encouraging signal that consumers have reliable sources of income allowing them to contribute to

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U.S. used car and truck prices rise the most since 1969 originally appeared on Autoblog on Tue, 13 Oct 2020 17:04:00 EDT. Please see our terms for use of feeds.

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