The chart of the week once again looks at inflation but this time one specific area of inflation since pre-pandemic times, the cost of owning a vehicle. Since February 2020, the cost of a used car or truck is up 40%, insurance is up 29% and even something as simple as parking and tolls is up 12%. The same scenario has played out in many different areas including the housing and rental market. This could eventually, or already has, brought a decision to consumers. Is it worth it to own a car? How available, convenient and cost effective are options like public transportation or Uber? And how has the work from home economy changed the necessity of your own transportation?

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