We want you to know that we are watching inflation closely, and keeping tabs on various economic indicators. Sometimes, as you know, the “devil is in the details.”
For example, have you noticed the inflation in the used car market? We did some research and found that used car prices are linked to new car inventories, which are at their lowest level in decades. Once dealerships can get more new cars in stock, used car prices are expected to fall.
Hope this helps you put today’s “pretty penny” prices into perspective. As always, give us a call if you’d like to chat about inflation, or anything else that’s on your mind.
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December 15, 2021