Joe Pinsker
speaker
1,247 appearances
30 recordings
1 series
first heard Oct 2022
last heard Jan 2025
Joe Pinsker’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Americans Look to Vending Machines for Passive Income · 12 Mar 2024
podcast
So there are things you might not think of as a beginner here that are important to get, and a lot of people are looking online and on social media for information about that.
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Some locations where you'd place a machine would let you do that at no charge, but it's also fairly common for them to ask for a cut of sales, maybe 5% up to 20% or something like that.
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Others might ask for a flat fee.
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So sometimes you may have to pay in order to park your machine somewhere.
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It's reflective of just how much the price of cars has risen.
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Cars that cost more are simply more expensive to insure.
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The average transaction price on a new vehicle was about $39,800 in January 2021.
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As of last month, it's all the way up to $47,350.
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If you look at government data, car insurance premiums have risen 20.6% over the past year.
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That's from this past January to the January a year before that.
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And car insurance is one of the many things related to car ownership that has outpaced the consumer price index more generally, which rose 3.1% year over year through last month.
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It is quite a lot.
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And it's reflective also of just how much the price of cars has risen, especially in the past couple years.
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Cars that cost more are simply more expensive to insure.
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If you look at the latest data from the online car shopping website Edmunds,
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The average transaction price on a new vehicle was about $39,800 in January 2021.
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As of last month, it's all the way up to $47,350.
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So it's quite a jump.
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One important factor here is just the rising price of cars.
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Pricier cars are more expensive to insure.
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Showing 601–620 of 1,247 · page 31 of 63
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