Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of a Secondhand Car
Episode 86 of Wages and Prices examines how rising wages are now outpacing the cost of used cars, flipping the script from the pandemic-era frenzy. With average hourly earnings up to $37.50 and used car prices falling for six consecutive months, Lucas and Luna break down the data, explain why CPO warranties still matter, and dig into the shift in buyer power. They also look at how falling demand from rental fleets and rising new-car inventory are pushing down prices at auction. If you've been waiting to buy a used car, this episode explains why your paycheck finally has the upper hand…
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