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Car prices will go up. Taking the train or a bus looks like a bargain

The article from MSN discusses the rising costs of car ownership and the increasing appeal of public transportation as an alternative. It highlights that new car prices have surged by 20% since the start of the global health crisis, with used car prices also seeing significant increases. Factors contributing to these price hikes include supply chain disruptions, a global chip shortage, and increased demand for personal vehicles. In contrast, the article points out that public transportation options like trains and buses remain relatively affordable, with examples such as Amtrak offering fares as low as $5 for certain routes. The piece suggests that as car prices continue to rise, more people might turn to public transit to save money, especially as remote work and flexible schedules allow for more feasible use of these services.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/news/us/car-prices-will-go-up-taking-the-train-or-a-bus-looks-like-a-bargain/ar-AA1CFkkT ]