02:52
If you’ve tried shopping for acarlately in the U.S. you know:pricesofusedvehicles are going up.
In fact, according to thecar-research site Edmunds, the average value ofusedcars traded in for another purchase reached an all-time high in March and the trend is only continuing and it seems like the issue is supply and demand.
CGTN’s Hendrik Sybrandy reports,
Check out
The China Report
, our new weekly newsletter. Subscribe here!