Car prices areAt the start of the pandemic, factories shut down and car supply sharply declined. With such short supply, car dealers are less likely to offer their usual deals this year, Matt Degen, an editor at Kelley Blue Book, told CNN Business. The average re-sell price is 95% of the original price, according to the analysis. Well, rental car prices are rising , too. By the time people started getting vaccinated and traveling again, rental car companies' inventories were significantly lower than pre-pandemic standards.

Source: CNN July 13, 2021 13:07 UTC