4 ms·
Will the car price starts to increase due to the chip shortage?
by melfrey 5y ago
Will the car price starts to increase due to the chip shortage?
- avelis 5y agoPrice increases already happened in the US for used cars. This will only continue the premium for used cars.
- stevewodil 5y agoWhy is it not affecting new car pricing as dramatically? And why would that continue? Used car prices cannot surpass new car prices surely, so at some point new car prices will be raised because of the low supply and high demand, or new car orders won't be fulfilled for months later
- bluGill 5y agoUsed cars have surpassed new car prices in the past. Generally because new cars can't actually be bought at any price. A car today is sometimes worth more than a better car that doesn't exit.