Author Archive | Susan Kornegay

The Joy of Details

You may have seen that the price of used cars has skyrocketed recently – as much as 30% in the last year.  One study found 73 models of 1- to 3-year-old vehicles being sold at auctions for prices above their original sticker price. The current crunch comes from auto manufacturers stopping production in the spring of 2020 due to COVID followed by a shortage of computer chips needed for modern automobiles.  That caused buyers to shift to the used car market (which itself is short on supply because rental car […]

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