from Hacker News

Collapse of the Dollar's Purchasing Power for Used Cars

by SQL2219 on 10/9/23, 1:26 PM with 1 comments

• by PopAlongKid on 10/9/23, 2:32 PM

  >the purchasing power of the dollar that, with regards to used vehicles, has essentially collapsed over a three-year period.

  "purchasing power" is not something you isolate on a commodity by commodity basis. The whole article is just basically a repeat of the old news that used car prices are up since the start of the pandemic.