CLEVELAND, Ohio — Finding an affordable vehicle is getting harder due to high-interest rates and rising sticker prices.
Good Morning Cleveland anchor Mike Brookbank looked into the cost of used vehicles in Cleveland.
According to iSeeCars.com, the availability of used vehicles priced under $20,000 in Cleveland dropped in 2023 from nearly 58% to 16%.
“I don’t think I’ve ever seen prices move this dramatically this quickly, ” said Karl Brauer, an executive analyst at iSeeCars.com….
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