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There are still massive disruptions in the supply chain leading to a shortage of new, and used vehicles. Until there's more supply than demand you aren't going
by TheAdamist 4y ago
There are still massive disruptions in the supply chain leading to a shortage of new, and used vehicles.
Until there's more supply than demand you aren't going to see much price movement.
Various news articles are reporting people flipping new Tesla's to used car dealers for more than they paid.
However used prices don't seem to be spiking as much as they were.
- germinalphrase 4y agoHave manufacturers stopped production or are they just piling up unfinished vehicles?
- xienze 4y agoIIRC there was quite a bit of piling up going on but eventually manufacturers have decided (as an example) “eh this car doesn’t really need that chip that controls cruise control, ship it” to some extent.
- TheAdamist 4y agoCut production, it was just in the news that they cut another 100k-180k vehicles the other weem from their production schedules for the year for chip and other supply chain disruptions.