Used Car Market Won't Recover Till 2025

In this video, we're sharing with you the shocking news that the used car market won't recover until 2025. Why? Prices of new and used cars seem to be fluctuating every day. You probably don’t want to hear this but, the car industry both new and used-vehicle markets, which has seen prices skyrocket in 2022, won’t recover for 3 years. The car insurance savings app Jerry, as well as other sources are saying that there are signs the used car market is headed back in the direction of normal. If you have additional questions, put them in the comments below and I'll be happy to answer. Thanks for subscribing.

Reference:
Get Jerry http://www.getjerry.com
Cox Automotive https://www.coxautoinc.com
Manheim Auctions https://www.manheim.com/

0:00 #usedcars Market Won't Recover Till 2025 #car
0:38 used car prices falling
1:40 chip shortage update
2:12 why is there a shortage @coxautomotive
2:51 New car incentives
4:09 Shortage of 1-3 year old cars
4:48 electric car price will increase
5:20 questions and comments

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#recession #inflation #news #interestrates