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Used Car Prices on the Rise: What You Need to Know

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The impacts of the Covid-19 pandemic are wide-ranging. Some are also easy to overlook. Not every effect of the pandemic is as obvious as others.

For example, rental car companies often sell their vehicles after a year or so. This practice plays a critical role in determining the average cost of pre-owned vehicles. Many used cars are actually formerly rental cars. 

However, because travel was extremely limited during the pandemic, when rental car companies sold off their vehicles early, they didn’t buy replacements. The low demand for rental cars made buying new vehicles unnecessary at the time.

This has resulted in a shortage of used cars available to buyers. Because rental companies didn’t buy as many replacements as they typically would, they now don’t have as many vehicles to sell to used car dealers and buyers.

This is one of several reasons used car prices are remarkably high right now. The implications of this for car buyers, owners, and sellers are numerous.

For example, if a car owner was considering eventually selling their vehicle and upgrading to a new model, now may be the best time to do so. Used cars are currently scarce, but that won’t always be the case. As their availability returns to normal levels, so will their prices. If a seller waits to sell their vehicle, by the time they do, they may not get nearly as much money for it as they would if they sold sooner rather than later.

It’s also worth noting that the pandemic made manufacturing and designing new vehicles very challenging for several months. This also contributed to the rise in used car prices. With fewer new vehicles available, buyers had to purchase used cars. Increased demand yielded increased cost.

However, new vehicles are beginning to hit the road again as the pandemic winds down. A buyer might thus sell their used car for a good price now in order to upgrade to a new model.

Even someone who doesn’t currently own a vehicle might want to consider these factors if they were planning on buying one in the near future. This is the case if they initially planned on buying a used car to save money.

Typically, buying a pre-owned vehicle instead of a new one is an effective way to limit spending when a buyer is on a tight budget. However, given that used car prices are currently much higher than ordinary, the amount of money a buyer could save is currently somewhat limited. They may simply be better off buying a new car that’s in better condition and boasts more innovative features.

Additionally, while demand for used vehicles may eventually wane, reducing their cost as a result, experts believe that might not necessarily happen soon. Now that vaccines are available and restrictions are being lifted, many people are buying used cars out of a desire to travel. This trend may continue for at least a year. As such, the high demand for used cars is probably going to remain consistent for some time.

Whether someone plans on buying a car, selling a car, or both, they should remember these points when deciding how to proceed. The rise in used car prices may be one of the more overlooked ripple effects of the pandemic. However, for drivers, it could also be one of the more significant.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

The Future of Social Dancing: How Latin Dance is Adapting to a New Generation

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Latin dance thrives on connection. The music, the partner, and the crowd all feed one another. 

Today, that connection is shaped by a younger, digitally fluent generation, and few understand the shift better than Damian Guzman, founder of Bachata Sensual America (BSA). From prize-winning festivals to late-night socials, Guzman and BSA show how the scene is evolving without losing its roots. 

Streaming steps, viral beats

A decade ago, beginners to Latin dance hunted for grainy DVD tutorials; now they unlock entire combinations on their phones. TikTok loops, YouTube shorts, and Instagram reels have compressed learning into snack-sized bursts. 

Many of the artists signed on with Bachata Sensual America meet dancers where they scroll, posting slow-motion breakdowns and “follow-along” drills that rack up thousands of views. This approach addresses two key Gen Z demands: instant access and a clear path from screen to floor. 

By allowing newcomers to practice at home before facing a packed room, the online channel lowers the fear barrier while seeding a desire for in-person connection. 

Festivals as entry points, not finish lines

Digital discovery is only the first act. For many people, their real baptism happens at multi-day events where practice hours blur into sunrise socials. 

BSA’s flagship Houston Bachata Sensual Festival returned on May 2nd, 2025, with a follow-up week slated for Bachata Sensual Festival Chicago, September 4th-9th, 2025. Both weekends pair technique labs with mental-wellness talks and DJs specializing in bachata, mirroring the playlists in dancers’ earbuds. 

That balance of skills and community is why independent reviewers named BSA one of the “Top Latin Dance Festivals in the United States” for 2025. Yet, for Damian, awards matter less than the message: a festival can feel world-class without pricing out college students. He keeps passes tiered, encourages volunteer shifts that offset costs, and prepares bootcamps for absolute beginners, ensuring the dance floor reflects the same diversity he sees online.

Teaching culture, not just choreography

Bachata’s recent boom owes much to its European reinvention. Damian experienced that surge firsthand while earning one of the first U.S. instructor certifications in the Bachata Sensual style. He returned determined to give American dancers the same blend of precision and musicality he had experienced abroad. 

BSA classes devote equal time to connection cues, body mechanics, and the genre’s Dominican roots. That trifecta resonates with younger students who want authenticity, not just a viral dip.

“In class I tell people, ‘Technique is how you respect your partner; musicality is how you respect the song,’” Guzman said during a recent podcast. The line distills his mission: elevate standards while keeping the dance welcoming.

Building inclusive, mindful spaces

Generation Z brings new expectations around consent, identity, and mental health. BSA’s code of conduct spells out everything from appropriate touch to gender-neutral role selection. Security staff mediate conflicts quickly, and workshop leaders open sessions with grounding exercises to calm nerves. These actions might sound small, yet they remove friction that once pushed many newcomers away.

Damian argues that such policies go beyond ethics; they future-proof the scene. Normalizing role fluidity in Latin dance widens its talent pool and invites richer musical interpretations. By acknowledging anxiety and overstimulation — common concerns for digital natives — events can retain dancers who might otherwise retreat after their first crowded social.

Latin dance has never stood still, and its next evolution is already spinning under disco lights from Houston to Helsinki. With a phone in every pocket and a festival on every calendar, the gap between discovery and mastery keeps shrinking. 

Damian Guzman and Bachata Sensual America illustrate what happens when tradition listens, adapts, and leads with purpose. The result is a scene ready for whatever beat the next generation drops — and a future where social dancing feels more connected, inclusive, and alive than ever.

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