Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Used Car Market
With CPI at 3.5% and real GDP growth anemic at 2.1%, the used car market is a perfect stagflation case study. Wholesale prices fell unexpectedly in June, but new car prices remain stubbornly high. Lucas and Luna drill into the Manheim Used Vehicle Index, which dropped 4.2% year-over-year in June 2026. They explain why high interest rates are crushing dealer inventory financing, how falling gasoline prices are shifting demand toward larger vehicles, and why the average used car loan is now over $30,000 at a 9.8% APR. Listeners learn why a 2023 Toyota Camry costs less today than it did six…
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