Own the Road with AutoTrader, Episode 27: What the Heck Is Going on with Car Prices?
Dan and Jodi are joined by AutoTrader’s data genius Baris Akyurek to discuss what’s going on with car prices these days. From lingering supply chain issues, to gas prices, and more, Baris demystifies all the factors that have been affecting new and used car pricing over the past few years.
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00:00 What the heck is going on with car prices?
01:11 Coming soon on AutoTrader.ca: Toyota Sienna & Rochester Road Trip
02:34 The pandemic and how we got here
04:54 The automobile market in Canada in 2023
10:45 New vs used vehicle prices
13:21 Global supply chains vs local production
17:18 Are prices going to come down? Has that ever happened before?
20:44 Car payment amounts, terms, and interest rates
24:31 Ask an Expert: How expensive is it to replace EV batteries?
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