Used Car Bubble is HERE! What You Should Do? Join us in today’s video as we show you Everything You Need To Know About The Used Car Bubble - And When It'll Pop. Used car prices are at record levels, following yet another year-over-year jump, putting things into bubble territory - and while a material drop isn't likely to show up anytime soon, it may be time to think about how to play that day when it comes. The Manheim used price index reached 201 in September, analyst Craig Kennison notes - up 25% from last year, and up 44% from the same month in 2019. And the reason why is relatively simple economics: A shortage of microprocessors and other components for the automotive end market spurred a shortage of new cars, which has also slashed supply of used cars. And used volume from previously dependable sources (rental, lease, repossession markets) has "dried up,". Be sure to watch the whole video for the full details about this and in addition, do us a favor and like the video and subscribe and turn on the notification bell. We’ll see you in the next video! #usedcars #carmarketbubble #carpricebubble Related Videos: Why the used car market bubble is on the verge of popping https://www.youtube.com/watch?v=KcjWdZv-Ir8 The used car bubble has burst. Here's what that means for auto retailer stocks. https://www.youtube.com/watch?v=QYfeVuOH9_4 The Car Market Bubble Just Popped https://www.youtube.com/watch?v=YGq_o-p_i8I The Car Market Bubble Is Collapsing https://www.youtube.com/watch?v=PpvP6R4gT4A The CAR PRICE BUBBLE has BURST : But WAIT https://www.youtube.com/watch?v=XO6RgeJzoIQ I do not take any ownership of the music displayed in this video. Ownership belongs to the respected owner(s). Used under fair use policy.* Music used for entertainment purposes displayed in this video. Ownership belongs to the respected owner(s). Used under fair use policy.* Music used for entertainment purposes only.