Collapse of the Dollar's Purchasing Power for Used Cars

[SQL2219]

https://wolfstreet.com/2023/10/09/our-experience-with-the-collapse-of-the-dollars-purchasing-power-for-used-cars-auto-insurance-repair-costs-and-rental-cars/

[PopAlongKid]

>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.