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Car prices are soaring, and they're not going to stop
CNN
Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That's helping send prices to record levels and lifting the nation's overall inflation rate.
And the price increases aren't over yet. The average new car price hit a record $38,255 in May, according to JD Power, up 12% from the same period a year ago.More Related News