New vehicles cost 27% more than in 2018. Used cars are up too. –

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Brian Dillon, 42, of Grand Rapids has been searching for his next vehicle for about three to four months.

When he last bought a car in 2016, he spent about $25,000 on a 2014 Chrysler 300 with low mileage. It’s been a reliable car, but having surpassed 152,000 miles, he was hoping to replace it with something newer.

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