what could be the four probable reasons due to which the prices of automobiles jumped so high in the past three years?

There are all sorts of reasons why vehicle ownership costs are surging, including gas, insurance, and service and maintenance. Compounding the situation, buyers are adding more content to their vehicles. They then try to offset the higher purchase price by stretching loans to record lengths.

Explanation:

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because of the importance of consistency in data collection. but we have to evaluate the resource or information, and not just accept what is posted online since information available on the internet is not regulated for quality or accuracy.