Used-car prices just saw their biggest monthly price increase in at least 68 years

The latest commodity seeing a price squeeze amidst shortages and high demand is used cars.  A note from UBS researchers led by Alan Detmeister found that not only did used-car prices climb in April, but the monthly price increase could be the largest in 68 years of tracking. It looks like prices may have risen by 8.2% to 9.3%.