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Auto Prices Finally Begin to Creep Down from Inflated Highs

October 27, 2022

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All summer long, Aleen Hudson kept looking for a new minivan or SUV for her growing passenger shuttle service.

She had a good credit rating and enough cash for a down payment. Yet dealerships in the Detroit area didn’t have any suitable vehicles. Or they’d demand she pay $3,000 to $6,000 above the sticker price. Months of frustration left her despondent.

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