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In this image made from video, cars drive through the used vehicle lot at a LaFontaine auto dealership in Fenton Township, Mich., Thursday, Jan. 28, 2021. A chain reaction touched off by the coronavirus pandemic has pushed new-vehicle prices to record highs and dramatically driven up the cost of used ones. (AP Photo/Mike Householder)

New or used? Either way, price hikes squeeze US auto buyers

By TOM KRISHER and MIKE HOUSEHOLDER - Associated Press

FILE- In this Jan. 17, 2017, file photo, certified pre-owned vehicles sit on display at an auto dealership in Miami. Used vehicle sales hit 39.2 million vehicles in 2017, more than double the number of new automobiles sold, according to the Edmunds.com auto website. (AP Photo/Alan Diaz, File)

On the Money: Glut of used cars gives buyers more options

By TOM KRISHER - Associated Press