Surging Prices Help People Make a Profit on Used Cars

Surging Prices Help People Make a Profit on Used Cars

By iHeartPodcasts

The surging prices of used cars are turning them into profitable investments for those willing to part with them. Used car prices have surged 41% since last year and some are finding that they can make money on what was once a rapidly depreciating asset. Claire Ballentine, personal finance reporter at Bloomberg News, joins us for used car flipping and what to watch out for… taxes!

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