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The New Daily

Bruce Newton

Supply and demand: How COVID-19 has caused car prices to soar

Covid-19 Australia New Daily

The cost of freight has skyrocketed during the pandemic, adding to already increased prices. Photo: Getty

Yep, you’re not imagining it, the price of new and used cars is going up. Going up frequently and sometimes going up a lot.

Of course, rising prices are not a trend isolated to automobiles or Australia alone.

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