Why Are New Cars So Expensive? (Or Are They?)

It was predictable. I’m not talking about the spike in used-car prices, though that too isn’t surprising. No, I’m talking about the doomsday drumbeat about “through-the-roof” new-car prices. Here’s a representative sample of half-a-dozen pieces harping on that theme: Business Insider: “Why used and new cars are so expensive right now, explained in 3 charts” … Continue reading Why Are New Cars So Expensive? (Or Are They?)