We've been watching the steep rise in the price of used vehicles and recently reported that the average used car now tops $25,000. What's going on? Why is it that prices have spiked over the past two months? What's going on with new car production? That's when we make a call to our friend Karl Brauer an analyst with ISeeCars.com and break down what is happening and why. Some stunning numbers and reasons why used vehicles are so pricy. One of the major questions is, "How long will this...last?" Karl answers that question and many more.
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The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour.