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Buying a used car in the Midwest got a little more affordable in May over the previous month.
The good news is that year-over-year price increases in used vehicles in May dropped seven percentage points from the year-over-year April price increases, from April’s 23.9% to May’s 16.9%. The bad news is a used car and truck in May 2022 still cost 16.9% more than a comparable used vehicle cost in May 2021.
Major cities in the Midwest are among those hardest hit by increased used car prices between May 2021 and May 2022.
Ranked in the iSeeCars Top 50 cities are:
Minneapolis/St. Paul, ranked seventh with a 18.7% increase, or average $5,443 May year-over-year increase.Grand Rapids/Kalamazoo, ranked 27th with a 15.8% increase, or average $4,466 May year-over-year increase.Milwaukee, ranked 39th with a 12.7% increase, or average $3,659 May year-over-year increase.Detroit, ranked 48th with a 8.8% increase, or average $2,632 May year-over-year increase.
According to iSeeCars’ analysts, San Antonio had the smallest price increase at 5.4%, while New York had the greatest used car price increase at 28.3%.
Year-over-year prices of used cars continue to rise, according to iSeeCars.com , largely due to a shortage of new vehicles on the market as automakers struggle to find the microchips for all the amenities customers have come to expect.
That’s still on average $4,953 more for a used vehicle purchased in May of this year over May 2021. Not surprisingly, the spike in gasoline prices has increased consumer interest in electric vehicles and hybrids, which has increased the resale price of both vehicle categories a whopping 37.7% and 32.1%, respectively.“While used car prices have seen minor decreases for the fourth consecutive month, prices remain elevated due to lingering supply constraints,” iSeeCars executive analyst Karl Brauer said in a statement. “We are also seeing a significant increase in demand for […]
Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker