Posted on 9/6/2021
The availability of new vehicles has been at a historic low for the last year or so. This has taken a toll on prices. What’s more, the demand for new vehicles is moving into used vehicles and causing shortages there, too. With cars being both expensive and hard to find, now, more than ever, it’s important to take proper care of the vehicles you own. Why are prices so high? We’ve seen inflated prices across many markets recently. Part of this has to do with the high price of shipping. Part of it is probably due to inflation, in general. In new vehicles in particular, the micro chip shortage is having a serious affect. It seems that auto manufacturers have everything they need but chips for the electronics in their vehicles. How long will this continue? Expect the shortage to linger until next year, at least. Most reports say the chip shortage will go on into 2022 and potentially longer than that ... read more