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Used cars have become unaffordable

Por: CNN Business September 29, 2022

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New York CNN Business  —  High prices and rising interest rates are putting used cars out of reach for a growing number of car shoppers. That’s bad news for CarMax, the nation’s largest used car dealer. CarMax reported Thursday that its earnings plunged 54% as the number of cars it sold in the quarter fell 6.4% compared to a year ago. The company blamed “ that stem from widespread inflationary pressures, as well as climbing interest... + full article



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