The 42% Rise in Used-Car Prices
Barron's Streetwise
Barron's
4.7 • 1.6K Ratings
🗓️ 13 August 2021
⏱️ 20 minutes
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Transcript
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| 0:00.0 | As a city national client, you get a dedicated team of banking professionals working alongside |
| 0:06.5 | you. |
| 0:07.5 | From a relationship manager who works with you on everyday business needs to a business |
| 0:11.4 | banker who drives your goals into the future, come in to meet your team at City National |
| 0:16.3 | Bank. |
| 0:17.3 | See what personal can do for you at CNB.com. |
| 0:26.0 | When you own a car, you kind of like, okay, as long as I get that French fry out from |
| 0:29.4 | between the seats, I'm good. |
| 0:30.5 | My car is clean and I'm going to keep moving forward with it. |
| 0:33.2 | But then when you decide that you want to swap a car, I don't want any sign that anyone |
| 0:36.8 | has ever owned. |
| 0:37.8 | I'm going to do a full forensic investigation. |
| 0:39.7 | I don't want to see even a half a French fry. |
| 0:41.6 | Exactly. |
| 0:42.6 | Forensic. |
| 0:43.6 | That's exactly right. |
| 0:44.6 | So your expectations change upon kind of this swapping. |
| 0:49.4 | Hello and welcome to the Baron Streetwise podcast. |
| 0:52.4 | I'm Jack Howe. |
| 0:53.8 | The voice you just heard, that's Ernie Garcia. |
| 0:57.0 | He's the founder and CEO of one of America's fastest growing used car dealers called Carvana. |
| 1:04.2 | New cars are in short supply right now, so prices for used cars have shot higher. |
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