Used car prices rose 37 percent, highest level of inflation since 1982

NEW YORK, NEW YORK - JANUARY 19: View of a used car dealership in Astoria, Queens New York on January 19, 2022. Inflation spiked to its highest level in four decades, sending consumer prices soaring 7 percent for the year ended. The highest annual increase since June 1982 for the Consumer Price Index, a key indicator of inflation that tracks the costs of goods and services, including used car sales, groceries and rent, according to data released by the Bureau of Statistics. Labor. (Photo by Pablo Monsalve/VIEWpress via Getty Images)