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Comment by djoldman

19 days ago

> New vehicle prices are higher than they have ever been for vehicles with repair costs so high they are going to be an insurance rate nightmare later in their lifecycle.

Just a shout out for this one. Possibly the most "irrational" purchases made right now by US consumers are new cars. 5 year old cars are 60% cheaper than new!

https://www.carfax.com/buying/car-depreciation

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