The price of both used and new cars has risen dramatically from 2020 - 2022. Buyers keep buying at higher prices even though they are hitting record highs! But why would they continue to pay these high prices? What is causing prices to sky-rocket in car dealerships everywhere? Find out in this week's FinCap Friday: 

If you're short on time, try our simplified No Tech version, containing embedded questions right in the slide deck!

Check out all of our FinCap Friday episodes here. They're not date-dependent so any of the 145+ in our catalog dating back to August 2018 may work throughout the coming year!

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!