Used Car Prices Are Rising AGAIN | Explained in 5 Minutes

In today's video, we take a closer look at the current trend of rising used car prices. Whether you're in the market for a new ride or just curious about the state of the automotive industry, this 5-minute explainer will provide you with everything you need to know. We'll start by examining some of the key indicators that track used vehicle prices such as the Manheim Index in addition to covering supply chain disruptions and factory shutdowns. We'll also explore the impact of rising demand and low inventory levels, as well as the role of inflation and government stimulus in the current economic landscape. If you enjoyed the video, support the channel by leaving a like and hitting the subscribe button!