Tag: challenge
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As car prices drop for U.S. buyers, soaring insurance costs become a new challenge
A different type of shock has hit American car buyers like Darin Davis. When renewing the insurance on his 2024 Cadillac XT4 in January, the rate nearly doubled for the 56-year-old Dallas real estate agent who had purchased the car just a few months earlier. “Paying so much money takes away the enjoyment of owning…