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  2. If Cars Are More Expensive, Why Are More People Buying ... - AOL

    www.aol.com/finance/cars-more-expensive-why-more...

    We're currently in what Pat Ryan, CEO of car shopping app CoPilot, has called the least affordable car market in modern history. In July 2023, CNBC reported that new cars priced under $30,000...

  3. Economics of car use - Wikipedia

    en.wikipedia.org/wiki/Economics_of_car_use

    The average occupancy of cars is below 1.5 passengers in most parts of the world. Measures such as High-occupancy vehicle lanes try to address this issue. The car energy efficiency is one of the lowest amongst several means of transportation. Government taxes [7] The costs of running a car can be broken down as follows (in no particular order):

  4. These 4 Most Expensive Mechanical Problems Plaguing Used Cars

    www.aol.com/4-most-expensive-mechanical-problems...

    GOBankingRates got in touch with some automotive experts to find out what the four most expensive mechanical problems plaguing used cars are — with number one being the most expensive. Here is ...

  5. New and used cars are getting more expensive. What experts ...

    www.aol.com/used-cars-getting-more-expensive...

    If you don’t have to buy now, don’t

  6. Effects of cars - Wikipedia

    en.wikipedia.org/wiki/Effects_of_cars

    Economists have sought to understand why cities grow and why large cities seem to be at an advantage relative to others. One explanation that has received much attention emphasizes the role of agglomeration economies in facilitating and sustaining city growth. The clustering of firms and workers in cities generates positive externalities by ...

  7. Expert Says: Here Are 4 Big Reasons Why Car Insurance ... - AOL

    www.aol.com/expert-says-4-big-reasons-160013256.html

    Cars are more expensive, car parts are more expensive, and it all got much more expensive to repair and replace. This drives car insurance costs up for everyone. 3.

  8. Baumol effect - Wikipedia

    en.wikipedia.org/wiki/Baumol_effect

    Alternative theories for the shift to services include demand-side theories (the Baumol effect is broadly a supply-side explanation) like the three-sector model devised by Allan Fisher [26] and Colin Clark [27] in the 1930s, which posit that services satisfy higher needs than goods and so as income grows a higher share of income will be used ...

  9. It's Not Just You: Cars Are Ridiculously Expensive - AOL

    www.aol.com/news/not-just-cars-ridiculously...

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