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Revved up US demand for used cars sends prices soaring

A shortage of computer chips has stalled auto manufacturing, driving a price increase for used vehicles

The used car market in the United States is seeing an unprecedented phenomenon: owners selling vehicles for as much or more than they paid for them.

In other cases, owners sell their car for even more than they bought it for.

Original URL: https://www.theaustralian.com.au/news/latest-news/revved-up-us-demand-for-used-cars-sends-prices-soaring/news-story/94f9c46facf3bebf365b11b58da6baec