You knew used car prices were high. Here's how outrageous it has become

For used car shoppers, it’s grim out there.

It used to be that dreaded sticker shock came from the prices of new cars. Now used car prices are just as bad.

How bad? The average used car sold for $29,594 in January, up from $22,676 last year, Edmunds.com reports. That’s a 30% increase in two years.

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