The next time you’re in traffic, stop and look at the cars surrounding you. If on a city street, also look at the cars passing you as they go in the opposite direction. In a sense it’s fascinating.
Doing this the other day on the Key Bridge (it connects Washington, D.C. and Arlington, VA), the variety of cars was really something. Mostly foreign cars. Lots of Mercedes and BMWs, numerous Toyota, Honda and Nissan vehicles, and somewhat surprisingly, countless Kia and Hyundai models. About the surprise expressed, it’s remarkable how quickly the twin Korean brands have built enormous market share in the world’s greatest car market.
Buying a used car in the Midwest got a little more affordable in May over the previous month.
The good news is that year-over-year price increases in used vehicles in May dropped seven percentage points from the year-over-year April price increases, from April’s 23.9% to May’s 16.9%. The bad news is a used car and truck in May 2022 still cost 16.9% more than a comparable used vehicle cost in May 2021.
After gradually reducing requirements for automobiles to pass a mechanic’s inspection before obtaining a registration, a bill in the Missouri state legislature would eventually end the program.
Currently, motor vehicles with more than 150,000 miles and 10 years from their manufacturing model year must pass a biennial safety inspection. House Bill 2499, sponsored by Rep. J. Eggleston, R-Maysville, changes the law to exempt motor vehicles with less than 150,000 miles and manufactured after Jan. 1, 2012.
During testimony on Wednesday before the House Downsizing State Government Committee, Eggleston said legislators in 2019 considered eliminating the inspection program but compromised instead and loosened requirements.